J&J is facing more than 14,000 claims its talc products caused ovarian cancer or mesothelioma, a rare cancer linked to asbestos exposure. The company denies its products ever contained the carcinogen
The company said it was willing to pay Rs 25 lakh as compensation to those affected but could not agree to the arbitrary amounts being imposed by the government
J&J is facing more than 13,000 lawsuits linking baby powder and another talc product
Rajasthan's drug controller found that Johnson & Johnson baby shampoo samples were not of standard quality
This comes after J&J's hip implants and baby powder were declared defective
In November, the government had come up with a compensation formula based on factors such as age, risk and percentage of disability
(Reuters) - A California jury on Wednesday awarded $29 million to a woman who said that asbestos in Johnson & Johnson's talcum-powder-based products caused her cancer.
Based on the recommendations of the central expert committee and the state-level committee, the Central Drugs Standard Control Organisation (CDSCO) has directed Johnson and Johnson to pay Rs 74,57,180 to the first patient from Mumbai who received faulty hip implants made by the company. This is the first case where M/s Johnson & Johnson has been directed to pay compensation for its faulty ASR hip implants manufactured and imported by M/s DePuy International Limited (now Johnson & Johnson Pvt Ltd). The CDSCO has directed the compensation to be paid within 30 days from the date of receipt of the order. In November last year, the Union Health Ministry approved a formula for determination of compensation for patients who had received, prior to August 2010, ASR hip implants manufactured by DePuy International Limited, U.K of J&J. According to the formula, thousands of patients implanted with US pharmaceutical major Johnson and Johnson's (J&J) articular surface replacement ..
The expert committee had earlier suggested that patients should be paid based on the disability caused
CHICAGO (Reuters) - Johnson & Johnson said on Thursday it will start adding the price of its medicines to television commercials by next month, becoming the first drugmaker to heed a call by U.S. President Donald Trump for price transparency of drugs advertised directly to consumers on TV.
(Reuters) - Johnson & Johnson and its DePuy Orthopaedics unit have agreed to pay $120 million to resolve deceptive marketing claims by several U.S. states over the company's metal-on-metal hip implants.
Panel had recommended compensation of up to Rs 1.22 crore for victims
Ten MPs, seven of them belonging to BJP ally Shiv Sena, have written to Union Health Minister J P Nadda to take "appropriate action" against global healthcare major Johnson and Johnson (J&J) and "ensure justice for all sufferers" of faulty ASR hip implants. Union Minister of State for Health and Family Welfare Anupriya Patel, who belongs to BJP ally Apna Dal(Sonelal), is among the 10 MPs to have written to Nadda. "Most recently, the company (J&J) seems to be going against the government's directions and denying its liability in compensating patients," Chandrakant Khaire, Shiv Sena MP from Aurangabad in Maharashtra, wrote in a letter dated January 7. "I call upon you 'sir' (Nadda) to independently identify all patients who have received the faulty ASR implants in India; and take appropriate action/s against the company to ensure that justice is met to all the sufferers of these faulty ASR (hip) implants (sic)," Khaire added. In December last year, J&J had approached the ...
US company asked to stop using the 'huge quantities' of raw materials stocked in its plants in northern and western India.
Regulators in India launch an investigation into Johnson & Johnson's Baby Powder following report that the firm knew for decades that cancer-causing asbestos lurked in the product.
NEW DELHI (Reuters) - India's drug regulator will on Wednesday seize samples of Johnson & Johnson's baby powder for testing, local media said, following a Reuters report that the company knew for decades that cancer-causing asbestos lurked in the product.
J&J shares fell nearly 3% Monday. That drop was on top of the 10% plunge that wiped out about $40 billion of the company's market capitalization following the Reuters report
(Reuters) - Johnson & Johnson said on Monday it plans to buy back up to $5 billion of its stock, after a Reuters report on Friday that the company knew for decades that its Baby Powder contained cancer-causing asbestos wiped about $40 billion from its market value.
(Reuters) - Shares of Johnson & Johnson slipped another 2 percent on Monday, extending losses following Friday's Reuters report that the healthcare conglomerate knew for decades that cancer-causing asbestos lurked in its Baby Powder.
The last time shares of Johnson & Johnsons came under this much pressure was due to asbestos concerns back in February