Word: squibbs
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...fact, drug-safety regulation is often stricter overseas than in the U.S. Through the 1990s, Bristol-Myers Squibb marketed its antidepressant, Serzone (its chemical name: nefazodone), with ever growing success. In a typical earnings announcement released in July 1996, Bristol-Myers, which had revenue of $19.9 billion for the 12 months ended Sept. 30, 2003, declared that "sales of central-nervous-system drugs rose, particularly on the strength of STADOL NS, an antimigraine product, and Serzone, an antidepressant treatment with a low incidence of side effects." The next year, medical studies were released claiming "Serzone to be superior to Prozac...
...research ... Of the 21 most important drugs introduced between 1965 and 1992, 15 were developed using knowledge and techniques from federally funded research." A GAO report last year on Taxol, which had worldwide sales of $6.2 billion from 1998 to 2002, noted, "Through a collaboration with NIH, [Bristol-Myers Squibb] benefitted from substantial investments in research conducted or funded by NIH." The collaboration "provided the company with research results that enabled [Taxol] to be quickly commercialized...
...been a bit elevated (it hovers around 100, which is right at the limit recommended by the U.S. government). So I followed with particular interest the results of the first head-to-head comparison of two of the most popular statins: Lipitor (made by Pfizer) and Pravachol (Bristol-Myers Squibb...
...will translate into fewer heart attacks and deaths, that hasn't been proved. The patients in this study will have to be watched a lot longer than 18 months to find out. Meanwhile, there are more statin studies in the works, including a big one sponsored by Bristol-Myers Squibb (this one was paid for by Pfizer). Those studies could show that there's an even better statin out there. Hmm, maybe I'll wait for that...
...from their breast implants, and the FDA’s own epidemiologists have identified long-term potential health risks from silicone implants, such as fibromyalgia. Just this month, the 11th Circuit Court of Appeals agreed to hear a lawsuit against former manufacturers of breast implants, including Baxter, Bristol-Meyers Squibb Company and 3M on behalf of the federal government and tens of thousands of U.S. women with implant-related medical problems. As of January 2000, the FDA had received 123 reports of deaths allegedly related to breast implants...