Having settled with Purdue Pharma and Teva, Oklahoma will now try to blame Johnson & Johnson for its opioid disaster. Nearly 1,900 lawsuits remain nationwide. Source: NYT > Business – Jan Hoffman
Johnson & Johnson Cleared by New Jersey Jury in Latest Talc Cancer Trial
The verdict is the latest in a series of lawsuits over accusations that the company’s powder products contained asbestos and caused a consumer’s cancer. Source: NYT > Business – TIFFANY HSU
Bayer and Johnson & Johnson Settle Lawsuits Over Xarelto, a Blood Thinner, for $775 Million
The settlement resolves about 25,000 lawsuits, which claimed the companies failed to warn about deadly bleeding episodes caused by the drug. Source: NYT > Business – KATIE THOMAS
Johnson & Johnson Hit With $29 Million Verdict in California Talc Cancer Case
The company’s stock dipped in early trading Thursday after a state court verdict for a woman who claimed that asbestos in its talc-based powder products caused her cancer. Source: NYT > Business – TIFFANY HSU
U.S. Investigating Johnson & Johnson Over Baby Powder’s Safety
The company said in a regulatory filing that it had received subpoenas from the Justice Department and the Securities and Exchange Commission related to its talc-based products. Source: NYT > Business – TIFFANY HSU
F.D.A. Panel Recommends New Depression Treatment
The active ingredients of ketamine, a popular club drug, show promise in battling deep despair. Source: NYT > Business