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Bristol-Myers Subpoenaed Over Plavix Deal

Law360 (April 3, 2007, 12:00 AM EDT) -- U.S. antitrust regulators have sent a subpoena to Bristol-Myers Squibb Co. seeking information about a deal the drug maker made with generics rival Apotex Inc. to delay competition for its popular blood-thinner Plavix.

The request for information from the U.S. Federal Trade Commission was revealed on March 21 in Bristol-Myers Squibb’s annual regulatory filing with the U.S. Securities and Exchange Commission.

The New York-based company said in a statement that it plans to cooperate fully with the investigation. The deal at the center of the probe...
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