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...headlines could cure deadly diseases, then everyone would have rejoiced last week. Across the U.S., newspapers heralded the development by scientists from Bristol-Myers Squibb of a "smart bomb," or "magic bullet," against cancer. The weapon, a type of protein called a monoclonal antibody combined with an anticancer drug, has wiped out a wide variety of tumors in laboratory mice...
Last year, after the Medical School implemented a new conflict of interest policy, questions were raised about Coles' relationship with Bristol-Myers Squibb Co. Coles had been involved with research on drugs manufactured by Bristol-Myers drugs in addition to being a major stockholder in the pharmaceutical company...
What comes in a green or blue box and has a big PM on it? If you guessed Excedrin PM, you're right. If you said Tylenol PM, you're also right. Bristol- Myers Squibb, which has been making Excedrin PM for 20 years, is not flattered by any similarity in the packaging of Johnson & Johnson's year-old Tylenol PM. Last year Bristol-Myers sued J & J for copying its design and obtained a preliminary injunction two weeks ago barring the firm from advertising or selling the Tylenol version. With about $60 million in annual sales, Tylenol has quickly...
...negative publicity has affected the whole industry, prompting several companies to curry favor with the public. Last month Bristol-Myers Squibb announced that it will donate 17 different brands of blood pressure- and cholesterol-lowering drugs for use by patients whose doctors will certify that they have no insurance or other means of paying. In addition, Bristol Myers, Syntex and Merck have announced that they will provide 12.5% price rebates on drugs dispensed in federally financed public health programs for the poor...
Haber, Elkan R. Blout Professor of Health Sciences and former President of the Bristol-Myers Squibb Pharmaceutical Research Institute, has also taught at the Medical School...