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Former Bristol-Myers Squibb Senior Vice President Indicted for Lying to the Federal Government About Popular Blood-Thinning Drug
Date:4/23/2008

p>"Lying to the federal government is a serious felony that obstructs the law enforcement process," said Thomas O. Barnett, Assistant Attorney General in charge of the Department's Antitrust Division. "The Department of Justice will vigorously prosecute such illegal activity."

Plavix, a patented pharmaceutical, is the most widely prescribed blood-thinning drug in the world. Approximately 48 million Americans take Plavix daily to prevent potentially fatal blood clots. The drug was approved for sale in the U.S. in November 1997.

BMS, an international pharmaceutical company headquartered in New York, N.Y, participates in the sale and marketing of Plavix in the U.S. through the Bristol-Myers Squibb Sanofi Pharmaceuticals Holding Partnership, which sold more than $3.5 billion of Plavix in the U.S. in 2005.

Bodnar is charged with a violation of the Federal False Statements Act, which carries a maximum sentence of five years of imprisonment and a fine of $250,000. The fine may be increased to twice the gain from the offense or twice the loss incurred by the victims of the crime.

This case is part of an ongoing investigation being conducted by the Antitrust Division's National Criminal Enforcement Section and the New York Field Office of the Federal Bureau of Investigation. Anyone with information about this matter should contact the Antitrust Division's National Criminal Enforcement Section at 202-307-6694.


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SOURCE U.S. Department of Justice
Copyright©2008 PR Newswire.
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