Drugs
NJ Court Tosses $223.8M J&J Talc Verdict
A New Jersey appeals court has invalidated a $223.8 million verdict against Johnson & Johnson, which had been awarded by a jury to four individuals alleging they developed cancer due to…
AstraZeneca Settles Kidney Damage Lawsuits for Nexium
AstraZeneca has agreed to pay $425 million in a settlement related to Nexium and Prilosec, two popular heartburn drugs, to resolve around 11,000 lawsuits…
11,000 More Lawsuits Hit J&J Over Baby Powder-Cancer Link
Johnson & Johnson is experiencing a significant increase, of at least 28%, in new lawsuits alleging that its talc-based baby powder causes cancer.
…FDA Displeased with Philips CPAP Tests
Federal regulators have issued an update on a Philips CPAP recall issued in 2021, saying that they are “…
Former Pfizer Talc Supplier Files Bankruptcy
Barrett Minerals Inc. (BMI), a former talc supplier to the cosmetics industry, has entered bankruptcy proceedings.
The…
Rite Aid Bankrupt Due To Sales Drop & Opioid Lawsuits
Rite Aid, a prominent U.S. pharmacy chain, has recently declared bankruptcy and secured $3.45 billion in fresh funding as part of its restructuring strategy in response to declining sales and legal issues related to…
Florida AG Sues Juul For Deceptive E-cigarette Marketing
The Florida Attorney General has initiated a lawsuit against the electronic-cigarette company Juul Labs, accusing the company of improperly…
GSK Resolves Zantac Cancer Claims
GlaxoSmithKline has recently reached a settlement agreement in California state court with four plaintiffs who had filed lawsuits related to Zantac, a…
J&J Mulls Third Talc Bankruptcy
Johnson & Johnson (J&J) is considering initiating bankruptcy proceedings for its talc unit for the third time as part of an effort to advance an $8…
CPAP Linked to More Eye Bleeding in Diabetic Patients
A recent study has revealed that while the use of CPAP (Continuous Positive Airway Pressure) devices can be beneficial for certain eye issues in diabetic patients, it can also lead to minor bleeding events in the eyes…