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Violation Tracker Individual Record

Company: Bristol-Myers Squibb
Current Parent Company: Bristol-Myers Squibb
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $1,000,000
Year: 2007
Date: May 30, 2007
Offense Group: safety-related offenses
Primary Offense: drug or medical equipment safety violation
Violation Description: Bristol-Myers Squibb Company agreed to plead guilty and pay a $1 million criminal fine for lying to the federal government about a patent deal involving a popular blood-thinning drug. The company's actions allegedly threatened to reduce competition for the drug Plavix that could have reduced the cost of blood-thinning drugs sold to heart attack, stroke and other patients.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.