Money: Johnson & Johnson must pay $8 bn over drug side effect: jury - PressFrom - Canada
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Money Johnson & Johnson must pay $8 bn over drug side effect: jury

08:10  09 october  2019
08:10  09 october  2019 Source:   msn.com

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NEW YORK (Reuters) - Johnson & Johnson (NYSE:JNJ) must pay $ 8 billion in punitive damages to a man who previously won 0,000 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.

Johnson & Johnson must pay $ 8 billion in punitive damages to a man who previously won 0,000 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. The Philadelphia Court of Common Pleas jury 's verdict.

Johnson & Johnson said it was © Mark RALSTON Johnson & Johnson said it was "confident (the ruling) will be overturned," calling the $8bn jury award against it "grossly disproportionate"

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A Pennsylvania jury ruled Tuesday that US pharmaceutical giant Johnson & Johnson must pay $8 billion in damages and interest for failing to warn that a psychiatric drug could cause breast growth in men.

Johnson & Johnson and its subsidiary Janssen Pharmaceuticals were blamed as plaintiff Nicholas Murray told the Philadelphia court that the drug Risperdal, prescribed to treat schizophrenia and bipolar disorder, had made him grow breasts.

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(Reuters) - Johnson & Johnson must pay $ 8 billion in punitive damages to a man who previously won 0,000 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. The Philadelphia Court of Common Pleas

Johnson & Johnson must pay $ 8 billion in punitive damages to a man who previously won 0,000 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. The Philadelphia Court of Common Pleas jury 's verdict.

The company challenged the ruling in a statement, calling the damages awarded "grossly disproportionate" with the initial award in the case of $680,000.

"The company is confident (the ruling) will be overturned," the statement said, and "will be immediately moving to set aside this excessive and unfounded verdict."

In the statement, Johnson & Johnson accused the court of preventing their defense team from presenting "key evidence" on Risperdal labeling.

The company is facing a series of complaints in state courts for failing to properly warn of Risperdal's side effects, including in Pennsylvania, California and Missouri.

Risperdal, approved for the treatment of adults by the US Food and Drug Administration in 1993, brought in some $737 million (672 million euros) in sales in 2018.

J&J’s Legal Losses May Get Worse With 100,000 More Damage Claims .
Johnson & Johnson has taken some costly beatings in court this year. And it could get worse. Just last week, a jury ordered J&J to pay $8 billion for wrongfully pushing doctors to prescribe the anti-psychotic drug Risperdal. While the amount the company pays for the verdict will probably be significantly less, it came on the heels of billions more in 2019 court losses or settlements from damage claims involving baby powder, opioid painkillers and artificial hips.

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