Bristol Myers Squibb

Drugmakers Suffer Declining Profits Due To Generic Competition

Bloomberg News | Tom Randall | Posted 06.17.2011

Pfizer Inc. (PFE) and rival U.S. drugmakers are poised to report the industry's biggest drop in quarterly profit in more than four years as the compan...

Drug Giant Accused Of Bribing Doctors To Prescribe

AP | Posted 05.25.2011

LOS ANGELES — California has joined a whistleblower lawsuit that claims Bristol-Myers Squibb Co. bribed doctors to prescribe its drugs, costing insu...

Big Pharma's Crime Spree: Drug Makers Pushing Products For Unapproved Uses

Bloomberg | David Evans | Posted 05.25.2011

Pfizer and Lilly lead a parade of U.S. companies that have paid $7 billion in penalties after promoting drugs for uses not approved by the FDA. This u...

Bristol-Myers To Cut 4,300 Jobs

BBC News | Posted 05.25.2011

US drugmaker Bristol-Myers Squibb says it will cut its 43,000-strong workforce by 10% and close half of its 27 manufacturing plants to save $1.5bn. T...

FDA To Issue Warnings On Ultrasound Drugs

Wall Street Journal | SCOTT HENSLEY | Posted 05.25.2011

The Food and Drug Administration is preparing to warn physicians about hazards with drugs used to enhance the diagnosis of heart problems using ultras...

Drug Improves Survival Rate Of Late-Stage Lung Cancer Patients

CNNMoney | Posted 05.25.2011

ImClone Systems Inc. and Bristol-Myers Squibb Co. said Tuesday the drug Erbitux improved the survival rate of lung cancer patients in a late-stage stu...