Monday, June 11, 2007

Bristol pleads guilty in Plavix case

(Reuters) - Bristol-Myers on May 30 said it had agreed to pay the fine to resolve charges that it illegally concealed a patent settlement deal it had reached with Apotex Inc., a generic drugmaker based in Canada.




But privately held Apotex subsequently launched its cheaper copycat form of the drug to prevent blood clots, after the arrangement between it and Bristol-Myers collapsed due to opposition from state attorneys general in the United States.


Read more at Reuters.com Business News

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