LOS ANGELES: US state Hawaii announced today it had accepted a US$700 million settlement in its case against US pharmaceutical company Bristol-Myers Squibb (BMS) and subsidiaries of French drug group Sanofi over the blood thinner Plavix.
The state alleged the companies misled consumers about the benefit of using the drug, in a case that has been in courts for more than a decade.
“This landmark settlement is a major victory for the state of Hawaii,” governor Josh Green said.