Violation Tracker Individual Record
Company:
Bristol-Myers Squibb Company
Current Parent Company:
Bristol-Myers Squibb
Penalty:
$1,600,000
Year:
2019
Date:
March 24, 2019
Offense Group:
consumer-protection-related offenses
Primary Offense:
consumer protection violation
Violation Description:
Durgmaker Bristol-Myers Squibb and marketer Sanofi-Aventis each agreed to pay the state $1.6 million to settle allegations they acted in an unfair and deceptive manner by marketing Plavix as a superior drug to aspirin with a much higher price, despite evidence showing Plavix had no better effect than aspirin for certain usages.
Level of Government:
state
Action Type:
agency action
Agency:
West Virginia Attorney General
Civil or Criminal Case:
civil
Facility State:
West Virginia
HQ Country of Parent:
USA
HQ State of Parent:
New York
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
pharmaceuticals
Specific Industry of Parent:
pharmaceuticals
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.