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State AGs 
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Bristol-Myers settles AGs' claims for $1.1 million
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J.B. Van Hollen (R)
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NEW YORK (Legal Newsline)-Bristol-Myers Squibb Co. has agreed to pay $1.1 million to settle claims it was in violation of a 2003 antitrust agreement involving the anti- anxiety drug BuSpar and anticancer drug Taxol, state attorneys general said Tuesday.

The 2003 agreement required the New York-based pharmaceutical giant to notify states of patent-litigation settlements with generic-drug competitors and provide the states with yearly compliance reports.

The states said that after the court orders were in place, there was an agreement in March 2006 that Bristol reached with generic-drug manufacturer Apotex Inc. in a patent-infringement lawsuit involving the blood-thinning drug Plavix.

The state attorneys general contend they needed to approve the deal that was aimed at delaying the generic version of the drug. The deal eventually fell apart amid criminal allegations that Bristol concealed a side agreement from regulators.

Bristol-Myers pleaded guilty to two federal criminal counts related to the allegations.

"When a court issues an order, it is to be followed," Wisconsin Attorney General J.B. Van Hollen said in a statement. "When court orders aren't followed, there can be very real consequences."

From Legal Newsline: Reach reporter Chris Rizo at chrisrizo@legalnewsline.com.

Filed Under: State AGs

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MORE NEWS HEADLINES:
+ Hood critical of bill that would allow officials to hire outside ... - 2/8   read more
+ La. AG hauls in $25.2M from five drug companies - 2/8   read more
+ Wells Fargo changes practices for handling subpoenas - 2/8   read more
+ Jepsen wants info from ValueAppeal - 2/8   read more
+ Ind. AG sues mortgage rescue companies - 2/8   read more
+ Koster: Company indicted for falsifying mortgage documents - 2/8   read more
+ Ohio roofer sued by AG - 2/7   read more
+ Nineteen states settle with debt collector - 2/7   read more
+ Mass. AG wants Fannie Mae, Freddie Mac to modify home loans - 2/7   read more
+ McGraw gains support for 'junkyard parts' lawsuit - 2/7   read more


IN THE SPOTLIGHT:
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Wednesday, February 08, 2012
PHILADELPHIA (Legal Newsline) - A roundtable of federal and state judges from across the country will convene at the posh Ritz Carlton on Feb. 9 to address topics such as "Can MDL's keep up with state court trial settings;" "Priority of deposition examination;" "State and federal cooperation;" and "Forum non conveniens."
Read more...


+ Study shows plaintiff bias in Philly courts - 2/6
+ Fannie Mae offers examples of routine dishonesty in its fight against lenders - 2/3
+ Quaker City courts have troubled history; some reject 'plaintiff-friendly' criticism - 1/31
+ Madison County asbestos docket feeds off intake firm referrals - 1/19
+ Torts conference set for Feb. 8 in Philly - 1/18
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