Bristol Myers Squib Chairman & CEO James M. Cornelius
His company (BMS) just paid out one of the biggest settlements ever for drug dealing. It sold the antipsychotic drug Abilify without FDA approval to children and the elderly. There were the usual consulting fees and luxury resort trips paid to doctors and health care providers to grease the skids.
In order to push product to little ones, BMS had a sales force visit “child psychiatrists and pediatric specialists”. For the elderly who had dementia, this pharmaceutical multinational created a “special long-term care sales force”
The icing on the cake was when the company tried to spin the fact they got 5 years probation with Inspector General’s Office by calling it a “corporate integrity agreement.” Where are mandatory jail sentences when you really need them.
Street dealers are more authentic than these guys.
Facts Courtesy of the Boston Globe
See also Harvard Psychiatrists Flunk Appearance of Propriety about peddling antidepressants to children.
