The Bristol-Myers Squibb Settlement

Off-label, pricing, and kickback lessons learned

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Sponsored by Off-label Regulations Training
presented on October 31, 2007

Government scrutiny costs Bristol-Myers Squibb
Last month, pharma giant Bristol-Myers Squibb agreed to pay $515 million to settle litigation for off-label marketing, kickbacks, and pricing fraud. The government alleged that from 2000 through mid-2003, BMS paid illegal remuneration to healthcare providers and physicians to persuade them to buy BMS drugs, and maintained false, inflated prices for various oncology and generic drugs. The government also alleged that BMS promoted the sale and use of Abilify for off-label uses and misreported its lowest price for Serzone.

Learn how you can avoid the fate of BMS by minimizing government scrutiny and maintaining compliance. Find out how to predict in which areas the government will monitor pharmaceutical companies in the future. Determine whether your company’s board of directors is designed to prevent such compliance breaches.

How can your company learn from the violations committed by Bristol-Myers Squibb, including off-label promotion, pricing fraud and kickbacks. The speakers, two former federal prosecutors, provide insight into government expectations in the current regulatory environment and will evaluate why off-label marketing in combination with another violation is such an attractive target for government prosecution.

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ORDER CLASS: U_10-31-2007
SOURCE CODE: EHCM

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