Hawaii Court Rules Against Bristol Myers, Sanofi In Blood Clot Drug Case, Increases Liability To $916M [Yahoo! Finance]
Sanofi - American Depositary Shares (SNY)
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sanofi.com/en/investors
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Source: Yahoo! Finance
failing to warn non-white patients about health risks associated with their blood thinner Plavix. This decision marks an increase from an earlier $834 million judgment. Judge James Ashford of Hawaii's First Circuit Court's ruling follows a non-jury trial held last fall and represents the second trial in this case. The state's Supreme Court had previously found a legal error in the first trial that resulted in the initial $834 million award. Hawaii accused the companies of violating state consumer protection laws by marketing Plavix without disclosing that it could be less effective or even ineffective for certain individuals, particularly those of East Asian and Pacific Island ancestry. Plavix, generically known as clopidogrel, is used to prevent blood clots that can cause strokes and heart attacks. Its activation relies on the body's enzymes, which can vary due to genetic differences. Studies have revealed that approximately 14% of Chinese patients cannot properly metaboliz
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SNY
Sec Filings
- 6/11/24 - Form 6-K
- 5/30/24 - Form 6-K
- 5/28/24 - Form 6-K
- SNY's page on the SEC website