Make us your home page
Instagram

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

Bristol-Myers Squibb resolves civil case

Florida will receive $21.5-million as its share of a global settlement with a pharmaceutical giant accused of illegal marketing and pricing of prescription drugs.

Among the allegations that led to the settlement was that Bristol-Myers Squibb illegally promoted the use of Abilify, one of a handful of new-generation antipsychotic drugs whose soaring use in children and nursing home residents has caused alarm among many mental health professionals.

Abilify and other atypical antipsychotics are FDA-approved to treat adult schizophrenia and bipolar disorder. But Abilify carries a black box warning concerning its use in the treatment of dementia. The government alleged Bristol-Myers Squibb created a specialized long-term care sales force that almost exclusively called on nursing homes, where dementia-related psychosis is far more common than schizophrenia or bipolar disorder.

And although Abilify was approved earlier this year for use in teens with schizophrenia and bipolar disorder, it was not approved for use in children between 2002 and 2005. That's when, the government alleged, the company directed its sales force to call on child psychiatrists and other pediatric specialists to urge them to prescribe Abilify to their pediatric patients.

In September, the Justice Department announced that Bristol-Myers Squibb and former subsidiary Apothecon Inc. agreed to pay more than $515-million to resolve "a broad array of civil allegations involving their drug marketing and pricing practices."

Among the other government allegations was that the company paid illegal kickbacks to physicians and other health care providers in the form of consulting fees, and advisory board positions — some of which involved travel to luxury resorts — to induce them to prescribe their drugs. The government also claimed the company set inflated prices for a wide assortment of oncology and generic drugs, and misrepresented its best price for an anti-depression drug, driving up costs to Medicaid.

The company admitted no wrongdoing.

Although the settlement with 44 states and the federal government was reached in September, disbursements to the state were made this week.

Bristol-Myers Squibb resolves civil case 07/16/08 [Last modified: Sunday, July 20, 2008 7:58am]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. US President Donald Trump, left,  meets with Israeli President Reuven Rivlin, Monday, in Jerusalem. Trump opened his first visit to Israel Monday, a two-day stop aimed at testing the waters for jumpstarting the dormant Middle East peace process. [AP photo]
  2. Study: Florida most friendly state for retired veterans

    Working Life

    Florida is the nation's best state for military retirees looking for somewhere to settle. That's according to a study released Monday by WalletHub which rated Florida the most friendly when it comes to economic factors, quality of life and health care.

    Veterans watch the Tampa Bay Buccaneers during training camp in 2016. Florida is the most friendly state for retired veterans according to a new WalletHub study. | LOREN ELLIOTT, Times
  3. Flynn to invoke 5th Amendment, won't hand over documents in Russia probe, source says

    Politics

    WASHINGTON — Former National Security Adviser Michael Flynn will invoke his 5th Amendment protection against self-incrimination as he notifies a Senate panel that he won't hand over documents in the probe into Russia's meddling in the 2016 election, according to a person with direct knowledge of the matter.

    In this Feb. 13, 2017 file photo, Mike Flynn arrives for a news conference in the East Room of the White House in Washington. The former national security adviser will invoke his Fifth Amendment protection against self-incrimination on Monday. [Associated Press]
  4. Department store chain from Puerto Rico coming to University Mall

    Retail

    TAMPA — Grand's, a department store chain from Puerto Rico, will open inside the former Dillard's space at University Mall in September.

    Grand's, a department store chain from n Puerto Rico, will open inside the former Dillard's space at University Mall in Tampa in September. Coloring rendering of revamped University Mall.
[CBRE Group]
  5. Rubio on Trump: 'People got what they voted for'

    Blogs

    Marco Rubio says people shouldn't be surprised about the drama flowing from the White House.