Bristol-Myers, Sanofi Fined $834M In Hawaii Over Plavix: Bloomberg


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  • Bristol-Myers Squibb Co (NYSE: BMY) and Sanofi SA (NASDAQ: SNY) were ordered to pay the state of Hawaii more than $834 million for illegally marketing their blood-thinning drug Plavix, Bloomberg reports.
  • Hawaii Attorney General Clare Connors’ lawyers showed the companies didn’t adequately disclose the blood thinner was ineffective for as many as 30% of users in the state, the judge said.
  • “The court’s ruling is unsupported by the law and at odds with the evidence at trial,” the companies said in a joint statement. The companies said they would appeal.
  • Price Action: BMY shares were down 0.5% at $59.68, and SNY decreased 0.53% at $47.33 in market trading hours on the last check Tuesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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