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LAWSUITS NEWS & LEGAL INFORMATION

Bristol-Myers Squibb Co.

This is a settlement for the Antitrust lawsuit.

The state of Louisiana filed an antitrust case in New York alleging that Bristol-Myers Squibb engaged in fraudulent conduct and conspired to maintain a monopoly over the sale of BuSpar. The prescription medication company allegedly blocked generic versions of the anti-anxiety drug from entering the market. Bristol-Myers Squibb Co. denied any wrongdoing, but has agreed to pay the state of Louisiana $1.1 million to settle antitrust disputes. The settlement money will go towards state health programs. (Aug-04-06) [THE LEDGER]


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Published on Aug-6-06


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