Tag: Johnson & Johnson

• Wednesday, October 9th 2019 - 09:15 UTC

  Johnson & Johnson must pay US$ 8 billion punitive damages for Risperdal drug

  

  Johnson & Johnson must pay US$8 billion in punitive damages to a man who previously won US$680,000 over his claims that it failed to warn that young men using its antipsychotic drug Risperdal could grow breasts, a Philadelphia jury said on Tuesday.

• Wednesday, May 29th 2019 - 08:52 UTC

  Johnson & Johnson on trial in Oklahoma over the so called “opioid epidemic”

  

  Johnson & Johnson, one of the world's largest drug manufacturers, has gone on trial in a multi-billion dollar lawsuit by the US state of Oklahoma. Prosecutors accuse the firm of deceptively marketing painkillers and downplaying addiction risks, fuelling a so-called “opioid epidemic.”

• Monday, May 20th 2019 - 09:40 UTC

  FBI investigating US and EU corporate giants for alleged corruption in medical gear supplies to Brazil

  

  The U.S. FBI is investigating corporate giants Johnson & Johnson, Siemens AG, General Electric Co and Philips for allegedly paying kickbacks as part of a scheme involving medical equipment sales in Brazil, Brazilian investigators have revealed to Reuters.

• Saturday, December 15th 2018 - 09:00 UTC

  Johnson & Johnson shares plunge following on Reuters' report of asbestos in talcum powder

  

  Shares in Johnson & Johnson plunged more than 10% on Friday, after Reuters reported that the US pharmaceutical giant had known about asbestos tainting its talcum powder for decades.

• Tuesday, July 17th 2018 - 15:31 UTC

  Johnson & Johnson ordered to pay US$ 4.7bn in damages to 22 women

  

  Johnson & Johnson has been ordered to pay US$ 4.7 billion in damages to 22 women who alleged that its talc products caused them to develop ovarian cancer. A jury in the US state of Missouri initially awarded US$ 550m in compensation and added US$ 4.1bn in punitive damages.

• Thursday, July 5th 2018 - 08:35 UTC

  Brazil Investigation into medical equipment fraud; top GE official arrested

  

  Brazilian police arrested a senior General Electric Co executive on Wednesday, as part of a sprawling investigation into fraud in medical equipment tenders overseen by health authorities in the state of Rio de Janeiro, police and prosecutors said.

• Tuesday, August 22nd 2017 - 06:51 UTC

  J&J loses ovarian cancer case and has been ordered to pay US$ 417 million

  

  Johnson & Johnson has been ordered to pay US$417m to a woman who says she developed ovarian cancer after using products such as baby powder. The California jury's decision marks the largest award yet in a string of lawsuits that claim the firm did not adequately warn about cancer risks from talc-based products.