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Tag Archives: Johnson & Johnson

Court considers $4.69 billion verdict in talcum-powder case

The Eagleton Federal Courthouse

A Missouri appeals court held rare in-person oral arguments Friday in a case that resulted in a $4.69 billion verdict for a group of women who claimed they contracted ovarian cancer from using Johnson & Johnson talcum powder. The case ...

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J&J slashes outlook, races to develop coronavirus vaccine

Johnson & Johnson, anticipating significant impact from the COVID-19 pandemic, slashed its 2020 sales forecast by billions of dollars and also cut its profit expectations. It’s one of the first major U.S. corporations to report first-quarter earnings and likely a ...

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Johnson & Johnson posts higher sales, big 4Q profit jump

Higher prescription drug sales helped push Johnson & Johnson’s fourth-quarter profit up by 32 percent. The world’s biggest maker of health care products reported net income of $4.01 billion, or $1.50 per share. That’s up from $3.04 billion, or $1.12, ...

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Johnson & Johnson posts higher sales, big 4Q profit jump

Higher prescription drug sales helped push Johnson & Johnson’s fourth-quarter profit up by 32 percent. The world’s biggest maker of health care products reported net income of $4.01 billion, or $1.50 per share. That’s up from $3.04 billion, or $1.12, ...

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Missouri to get $2.4 million following mesh settlement

Johnson & Johnson has agreed to pay $116.9 million to settle a series of lawsuits brought against it by several state attorneys general alleging the company deceptively marketed transvaginal-mesh products. Missouri Attorney General Eric Schmitt announced the settlement Oct. 17, ...

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Eastern District ruling reverses $110M verdict in talcum powder case

The Court of Appeals Eastern District ruled Oct. 15 that a St. Louis judge should not have heard a Virginia woman’s claim against Johnson & Johnson, throwing out a $110.5 million verdict in her favor. The verdict was the second-largest ...

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