Bristol Myers inks $11M deal to settle anticompetitive claims in HIV suit
Three years ago, AIDS activists filed a lawsuit accusing Bristol Myers Squibb, Gilead, and Johnson & Johnson of scheming to block generic HIV medicines from the market, allowing them to charge “exorbitant, supracompetitive prices” for their own brand-name drug combinations.
Now BMS is willing to pay up to $11 million to put those claims in the rearview, while also opening the door for generic competition to its fixed-dose regimen Evotaz.
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