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Violation Tracker Individual Record

Company: Bristol Myers Squibb Co.
Current Parent CompanyBristol-Myers Squibb
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $75,000,000
Year: 2021
Date: August 17, 2021
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Mega-ScandalDrug Pricing Abuses
Violation Description: Bristol Myers Squibb agreed to pay a total of $75 million in settlement of allegations it overcharged state Medicaid programs for drugs.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
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)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.