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CORPORATE ACCOUNTING SCANDAL / TUTORIALOUTLET DOT COM

Apotex And Bristol-Myers Squibb<br>Peter Dolan survived many crises in his 5-year tenure as CEO of drug giant Bristol-Myers Squibb, including a corporate accounting scandal, allegations of insider trading, Federal Bureau of Investigation (FBI) raids of his office, and a stock price that dropped 60 percent during his tenure.

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CORPORATE ACCOUNTING SCANDAL / TUTORIALOUTLET DOT COM

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  1. CORPORATE ACCOUNTING SCANDAL / TUTORIALOUTLET DOT COM

  2. CORPORATE ACCOUNTING SCANDAL / TUTORIALOUTLET DOT COM Corporate accounting scandal FOR MORE CLASSES VISIT www.tutorialoutlet.com Apotex And Bristol-Myers Squibb Peter Dolan survived many crises in his 5-year tenure as CEO of drug giant Bristol-Myers Squibb, including a corporate accounting scandal, allegations of insider trading, Federal Bureau of Investigation (FBI) raids of his office, and a stock price that dropped 60 percent during his tenure. But in the end, what may have done Dolan in was his negotiation performance against the head of Apotex, a Canadian drug company founded by Dr. Barry Sherman. At its peak, Plavixâa drug to prevent heart attacksâwas Bristol-Myers's best-selling drug and accounted for a staggering one-third of its profits. So when Apotex developed a generic Plavix knockoff, Dolan sought to negotiate an agreement that would pay Apotex in exchange for a delayed launch of Apotex's generic competitor. Dolan sent one of his closest lieutenants, Andrew Bodnar, to negotiate with Sherman. Bodnar and Sherman developed a good rapport and at several points in their negotiations asked their attorneys to leave them alone.

  3. CORPORATE ACCOUNTING SCANDAL / TUTORIALOUTLET DOT COM CORPORATE ACCOUNTING SCANDAL / TUTORIALOUTLET DOT COM Thank you

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