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Bristol-Myers, Sanofi Must Pay $834 Million Over Plavix


Bristol-Myers, Sanofi Must Pay $834 Million Over Plavix
Bloomberg
2/16/2021
Jef Feeley
© BLOOMBERG NEWS
Seventy-five milligram tablets of Bristol-Myers Squibb blood thinner Plavix is arranged for an illustration at Skenderian Apothecary in Cambridge, Massachusetts on Thursday, Jan. 25, 2007.
(Bloomberg) Bristol-Myers Squibb Co. and Sanofi were ordered to pay the state of Hawaii more than $834 million for illegally marketing their blockbuster blood-thinning drug Plavix in a manner that put some users’ lives at risk.
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Judge Dean Ochiai in Honolulu concluded Monday the drugmakers misleadingly marketed Plavix and failed to properly warn consumers in the state about its health risks. The companies produce the medicine as part of a joint venture. ....

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Bristol-Myers, Sanofi Ordered To Pay $834 Mln Over Plavix In Hawaii


Bristol-Myers, Sanofi Ordered To Pay $834 Mln Over Plavix In Hawaii
NEW YORK CITY (dpa-AFX) - Bristol-Myers Squibb Co. and Sanofi SA were ordered to pay more than $834 million to the state of Hawaii for failing to issue proper warning of health risks to consumers from its blood thinner Plavix.
Judge Dean Ochiai in Honolulu pronounced that the drugmakers, which produced Plavix in a partnership, marketed the drug misleadingly to non-white patients. The fine was awarded as a civil penalty for violation of the state s consumer-protection laws. Bristol-Myers and Sanofi are ordered to each pay $417 million in penalties.
The companies allegedly marketed the drug without disclosing that it could have a reduced or no effect for some people, mainly of Asian or Pacific-Island ancestry. Studies said that about 14 percent of Chinese patients were unable to metabolize the drug properly, in comparison to 4 percent Black and 2 percent white patients. ....

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Bristol-Myers, Sanofi to pay Hawaii $834 mn over Plavix warning label


By Tina Bellon and Nate Raymond
(Reuters) - A judge in Hawaii on Monday ordered Bristol-Myers Squibb Co and Sanofi SA to pay more than $834 million to the state for failing to warn non-white patients properly of health risks from its blood thinner Plavix.
Judge Dean Ochiai in Honolulu concluded the companies engaged in unfair and deceptive business practices from 1998 to 2010 by failing to change the drug s label to warn doctors and patients despite knowing some of the risks.
Hawaii Attorney General Clare Connors, whose office sued the companies in 2014, said the ruling puts the pharmaceutical industry on notice that it will be held accountable for conduct that deceives the public and places profit above safety. ....

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