What is the Bristol Myers scandal?
Bristol Myers Squibb (BMS) has historically faced high-profile legal controversies, including federal investigations and multi-million-dollar settlements concerning pharmaceutical pricing, off-label marketing practices, and patent settlement agreements designed to delay generic drug market entry. Additional regulatory scrutiny involved historical accounting restatements related to inventory channel stuffing practices, which prompted extensive internal corporate governance reforms, compliance overhauls, and heightened scrutiny from federal healthcare oversight bodies.
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