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Johnson & Johnson Fined $1.1B

An Arkansas judge has fined Johnson & Johnson and a subsidiary more than $1.1 billion after a jury found the companies downplayed and hid risks associated with an antipsychotic drug.

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Jury Rules Against J&J Subsidiary in Risperdal Trial

Jurors have ruled against a Johnson & Johnson subsidiary in Arkansas' billion-dollar lawsuit over the antipsychotic drug Risperdal.

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Retiring Johnson & Johnson CEO Getting Bigger Bonus

Johnson & Johnson says it is bumping up the bonus of retiring CEO Bill Weldon by 55 percent in 2012.

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Getty Images
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Johnson & Johnson CEO Retiring in April

Johnson & Johnson's longtime CEO, Bill Weldon, is retiring this April, following an embarrassing string of product recalls that has stretched for more than 2 years, costing the health care giant hundreds of millions of dollars and consumer trust.

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Two Executives Out at Johnson & Johnson

Two executives in Johnson & Johnson's recall-riddled consumer products business are departing in two months.

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Source: Johnson & Johnson Settles Suit With Texas

 

A person familiar with negotiations tells The Associated Press that Johnson & Johnson and the state of Texas have reached a settlement in a lawsuit in which the state was seeking up to $1 billion from the New Jersey based drug maker.

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Townsquare Media File Image
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Texas Suit Against J&J Over Drug Goes to Trial

Texas prosecutors say drug maker Johnson & Johnson and some of its subsidiaries schemed to plunder hundreds of millions of dollars from the state Medicaid program by overstating the safety of an anti-psychotic drug and should be forced to repay that money plus penalties.

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Townsquare Media file image
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Couple Sues J&J Over Death of Toddler Son

A Washington state couple is suing Johnson & Johnson, alleging their toddler son was killed after taking defective Children's Tylenol from a batch that had been recalled.

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Townsquare Media file image
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FDA Finds Serious Problems in Cancer Drug Factory

Federal inspectors say the contract manufacturer for Johnson & Johnson's cancer drug Doxil hasn't been maintaining equipment or promptly investigating defective product batches and other serious problems at its Bedford, Ohio, factory.

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Flickr user aldinegirl87
Flickr user aldinegirl87
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J&J Starts Removing Toxins From Baby Products

Johnson & Johnson has begun removing two harmful chemicals from its iconic baby shampoo and other baby products in the U.S.

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