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Home > Research Archive > Medical/Health > Bristol-Myers Squibb to pay $515 million for doctor kickback scheme
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Monday, 01 October 2007
I'm a doctor, trust me: Bristol-Myers Squibb to pay $515 million for doctor kickback scheme

'Bristol-Myers Squibb Company and its subsidiary, Apothecon, have agreed to pay more than $515 million to settle a broad array of federal and state civil allegations involving their drug marketing and pricing practices, US Attorney Michael J. Sullivan said today.

The government alleged that from 2000 to mid-2003, BMS paid illegal remuneration to physicians and other healthcare providers to get them to promote BMS drugs. The payments were in the form of consulting fees and other programs, some of which involved travel to luxurious resorts.'

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