Calif. Joins Relator's Kickback Suit V. Bristol-Myers

Law360, New York (March 18, 2011, 7:47 PM EDT) -- California's insurance commissioner said Friday the state had decided to intervene in a whistleblower lawsuit against Bristol-Myers Squibb Inc. over kickbacks it allegedly paid to doctors who pushed its drug.

The pharmaceutical company allegedly gave kickbacks, including cash, to doctors and pharmacists who prescribed large amounts of a host of the company's drugs, according to the amended complaint filed in the Superior Court of the State of California, County of Los Angeles.

The scheme began in 1999 at the latest, and the company's "entire culture" encouraged...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.