Federal prosecutors say a former Bristol-Myers Squibb executive has admitted using his high-level position and access to nonpublic information to make about $310,000 from illegal insider trades.
Shares of Bristol-Myers Squibb Inc. and Merck & Co. gained about 4 percent each after the drugmakers announced encouraging results on experimental cancer medicines over the weekend.
Global biopharmaceuticals company Bristol-Myers Squibb has confirmed a New Jersey lab monkey accidentally remained locked in a cage being cleaned in near-boiling water last summer and was killed.