Tag: Pharmaceutical

FILE PHOTO: A bridge is decorated with the logo of a Bayer AG, a German pharmaceutical and chemical maker in Wuppertal, Germany August 9, 2019. REUTERS/Wolfgang Rattay FRANKFURT (Reuters) – Bayer (BAYGn.DE) said it hired Johnson & Johnson (JNJ.N) executive Marianne De Backer to manage acquisitions and licensing deals at its drugs unit, as the […]

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(Reuters) – A U.S. judge on Tuesday rejected efforts by major drugmakers, pharmacies and distributors to dismiss claims that they caused the nation’s opioid crisis, clearing the way for a scheduled landmark trial even as he pushes for a nationwide settlement. FILE PHOTO: Bottles of prescription painkiller OxyContin pills, made by Purdue Pharma LP sit […]

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Anger among parents in Spain is growing over the handling of a pharmaceutical mix-up which caused at least 20 children to sprout hair all over their bodies. All the children had been given a medicine syrup which was supposed to contain a drug called omeprazole. Instead, a labelling error meant pharmacists had used the drug […]

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(Reuters) – U.S. stock index futures recovered from overnight declines on Tuesday, pointing to a positive start for Wall Street as investors assessed conflicting comments from Washington and Beijing on their long-drawn trade dispute. FILE PHOTO: A trader works on the trading floor at the New York Stock Exchange (NYSE) at the opening of the […]

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(Reuters) – OxyContin maker Purdue Pharma LP and its owners, the Sackler family, are in discussion to settle more than 2,000 opioid lawsuits against the company for $10 billion to $12 billion, two people familiar with the matter said on Tuesday. Purdue is among several drugmakers and distributors that have been sued for fueling an […]

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NORMAN, Okla. (Reuters) – An Oklahoma judge on Monday ordered Johnson & Johnson (JNJ.N) to pay $572.1 million to the state for its part in fueling an opioid epidemic by deceptively marketing addictive painkillers. J&J said it would to appeal the decision, though the award was below what some investors and analysts had feared, in […]

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NORMAN, Okla./BOSTON (Reuters) – An Oklahoma judge on Monday ordered Johnson & Johnson (JNJ.N) to pay $572.1 million to the state for its part in fueling an opioid epidemic by deceptively marketing addictive painkillers, a sum that was substantially less than investors had expected, driving up J&J’s shares. The state’s attorney general had filed the […]

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(Reuters) – An Oklahoma judge on Monday found Johnson & Johnson (JNJ.N) liable for fueling an opioid epidemic in the state by deceptively marketing painkillers, and ordered the drugmaker to pay damages of $572 million. FILE PHOTO: The Johnson & Johnson logo is displayed on a screen on the floor of the New York Stock […]

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NORMAN, Okla. (Reuters) – An Oklahoma judge on Monday found Johnson & Johnson (JNJ.N) liable for fueling an opioid epidemic in the state by deceptively marketing addictive painkillers, and ordered the drugmaker to pay $572.1 million. The award was well below what some investors and analysts feared, in what had been a $17 billion lawsuit […]

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(Reuters) – An Oklahoma judge on Monday ruled that Johnson & Johnson (JNJ.N) was liable for its part in fueling the opioid epidemic and ordered the drugmaker to pay $572 million following a trial in a lawsuit brought by the state’s attorney general. J&J said it would appeal the decision. The case, filed by Oklahoma […]

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