Johnson & Johnson (NYSE:JNJ)

Johnson & Johnson (NYSE:JNJ) Agrees To Pay $6.3 Million For Deceiving Buyers Of Infant’s Tylenol

Johnson & Johnson (NYSE:JNJ) has agreed to pay $6.3 million to the buyers of Infant’s Tylenol. According to the lawsuit, the company has deceived the buyers with inappropriate advertizing and collecting excessive amounts. The packaging boasts the image of a mother and child Infant’s Tylenol has an image of a woman holding a baby, indicating […]

Pulmatrix Inc (NASDAQ:PULM) Will Receive An Upfront Payment Of $7.2 Million From Johnson & Johnson (NYSE:JNJ)’s Lung Cancer Initiative For Licensing Kinase Inhibitor

Johnson & Johnson (NYSE:JNJ)’s Lung Cancer Initiative has signed a licensing and development accord to access narrow-spectrum Kinase inhibitors of Pulmatrix Inc (NASDAQ:PULM). As per the terms of the deal, Lung Cancer Initiative will initially pay an upfront amount of $7.2 million to Pulmatrix. The company will pay an additional amount of $2 million on […]

Missouri Court Vindicates Johnson & Johnson (NYSE:JNJ) And Its Products

Johnson & Johnson (NYSE:JNJ) couldn’t hide its joy after the St Louis State court vindicated it. A woman from Missouri had gone to court over claims that the company’s products had caused her cancer. The plaintiff had informed the court that the asbestos-tainted talc had defects. A close outlook After listening to the two sides […]

Johnson & Johnson (NYSE:JNJ) Says The FDA Was To Blame For The Asbestos Scare

Johnson & Johnson (NYSE:JNJ) is blaming the FDA, saying it was negligent in testing its baby powder. According to the business guru, the body had on flimsy grounds ordered a recall of about 33,000 bottles of its product. It says that its talc doesn’t have any defects as had been pointed out by the regulatory […]

Imerys (OTCMKTS:IMYSF) To Sell Businesses Associated With Johnson & Johnson (NYSE:JNJ) Lawsuit

Imerys SA (OTCMKTS:IMYSF) is considering various options for its North America talc unit that recently filed for bankruptcy. The unit file for bankruptcy following a series of cancer lawsuits linked to the Johnson & Johnson (NYSE:JNJ) baby powder. Imerys considering selling North America Talc Businesses According to people familiar with the matter, the company is […]

Johnson & Johnson (NYSE:JNJ) Confirms Recalled Baby Powder Samples Are Free From Asbestos

Johnson & Johnson (NYSE:JNJ) refuted the claims of the US FDA and said 15 new tests confirm the recalled baby power is free from asbestos. The company hired third-party laboratories to conduct tests on the recalled baby powder lots. Johnson & Johnson stock trades at $132.84, an increase of 2.87%. The stock lost over 8% […]

FDA finds Asbestos in Johnson & Johnson (NYSE:JNJ) Baby Powder Days After CEO’s Deposition

Early this month Johnson & Johnson (NYSE:JNJ) CEO Alex Gorsky said that the company’s iconic baby powder and talc did not have asbestos. Grosky was testifying in a deposition on October 3 in a case in which an Indian college retired professor claimed that the powder caused cancer. FDA finds asbestos contamination in Johnson & […]

Johnson & Johnson (NYSE:JNJ) To Give Out $4 Billion For An Opioid Litigation Settlement

Johnson & Johnson (NYSE:JNJ) says it will pay out a total sum of $4 billion in settlement of all its lawsuits in the US. This is in line with an opioid addiction epidemic that has touched not only the company but others as well. Details of the litigation settlement The settlement of the deal will […]

100,000 More Lawsuits In The Offing For Johnson & Johnson (NYSE:JNJ) On Injuries Related To Diabetes Drug And Vaginal Mesh Devices

2019 is the worst year for Johnson & Johnson (NYSE:JNJ). The company is ordered to pay $8 billion in punitive damages by the jury after it failed to warn the young boy over the side effects of an anti-psychoactive drug – Risperdal. According to the filing, Johnson & Johnson has pushed the doctors to prescribe […]

Johnson & Johnson (NYSE:JNJ) Settles Ohio To Escape An Opioid Trial

Johnson & Johnson (NYSE:JNJ) doesn’t want more pressure from some two countries in Ohio. This is the reason the company has agreed to make a settlement worth $20.4m (£16.6m) with these states. According to sources, these states have been mounting pressure on the business guru on claims it has been promoting Opioid addiction. The company […]