Purdue Pharma Nears New Bankruptcy Deal With Sacklers, Mediator Says November 1, 2024 By Dietrich Knauth Purdue Pharma is close to a new bankruptcy settlement with its owners, members of the wealthy Sackler family, and state...
J&J Unit Files for Bankruptcy to Advance $10 Billion Talc Settlement September 23, 2024 By Dietrich Knauth A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to...
Johnson & Johnson Adds $1.1 Billion to Proposed Talc Settlement September 5, 2024 By Mike Spector and Dietrich Knauth Johnson & Johnson plans to pay an additional $1.1 billion to resolve tens of thousands of legal actions alleging its...
J&J in Talks With Holdouts to $6.5 Billion Talc Settlement August 26, 2024 By Dietrich Knauth and Mike Spector Johnson & Johnson said on Friday it is negotiating with plaintiffs’ lawyers who have opposed the company’s proposed settlement of...
Bankrupt Steward Health to Close Two Massachusetts Hospitals July 29, 2024 By Dietrich Knauth Bankrupt hospital owner Steward Health Care will close two locations in Massachusetts after failing to find a buyer for them,...
Purdue Pharma Secures Litigation Ceasefire After Supreme Court Ruling July 10, 2024 By Dietrich Knauth Purdue Pharma on Tuesday received U.S. court approval for a 60-day freeze on lawsuits against its owners, members of the...
Judge Cuts Bayer $2.25 Billion Roundup Verdict to $400 Million June 5, 2024 By Dietrich Knauth A Pennsylvania judge on Tuesday slashed a $2.25 billion U.S. verdict against Bayer to $400 million for a Pennsylvania man...
J&J Advances $6.48 Billion Settlement of Talc Cancer Lawsuits May 1, 2024 By Dietrich Knauth Johnson & Johnson said Wednesday it is moving forward with a $6.48 billion proposed settlement of tens of thousands of...
Sanofi to Settle 4,000 Zantac Cancer Lawsuits in US State Courts April 4, 2024 By Dietrich Knauth Sanofi has reached an agreement in principle to settle 4,000 U.S. lawsuits linking the discontinued heartburn drug Zantac to cancer,...
J&J Can Contest Evidence Linking Its Talc to Cancer, US Judge Rules March 28, 2024 By Dietrich Knauth Johnson & Johnson will get a new chance to contest the scientific evidence linking talc to ovarian cancer, a federal...