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      Bristol-Myers Squibb pinged $515 million to settle fraud charges

      Posted by SoxFirst

      Drugs giant Bristol-Meyers Squibb and a former subsidiary have been forced to pay more than half a billion dollars to settle settle federal and state investigations for promoting an anti-psychotic drug, Ablify, for uses that were not approved by the US Food and Drug Administration and providing illegal inducements to doctors and other health care providers.

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