Insys Therapeutics Inc. founder John Kapoor was convicted of a racketeering conspiracy that drove sales of a highly addictive opioid while contributing to a nationwide epidemic. Federal jurors in Boston found that Kapoor conspired with four other executives to bribe …
Federal prosecutors unveiled the first criminal charges against pharmaceutical executives for illegally diverting opioids, accusing the former chief executive officer and the head of compliance at a major U.S. drug distributor with a narcotics conspiracy. Laurence F. Doud III, who …
Johnson & Johnson wants a federal judge to take over more than 2,000 baby-powder lawsuits it faces instead of allowing the cases to be heard by state-court juries, where the company has a mixed record. The world’s largest maker of …
Johnson & Johnson won the latest trial over claims its iconic baby powder can cause cancer, as a jury in Long Beach, California, rejected a lawsuit brought by a 65-year-old retired teacher who claimed the product was contaminated with asbestos. …
A U.S. prosecutor portrayed Insys Therapeutics Inc. founder John Kapoor and other former executives as greedy and heartless during closing arguments in their racketeering trial over the promotion of the opioid painkiller Subsys. Kapoor and four other ex-Insys managers “exploited” …
The state of Oklahoma narrowed its case against drug makers including Johnson & Johnson, Teva Pharmaceutical Industries Ltd. and Allergan Plc, dropping fraud and other allegations while pressing ahead with a public-nuisance claim. The decision, revealed in a two-page court …
The billionaire family that owns opioid-maker Purdue Pharma LP has been accused by local governments in a new lawsuit of causing the nationwide public-health crisis involving pain-killing medicines that has left hundreds of thousands of Americans dead from overdoses. More …
CBS Corp. directors agreed to settle for $1.25 million investors’ claims that network owner Sumner Redstone received millions of dollars in improper compensation after he became incapacitated in 2014. The money — coming from insurance covering CBS’s officers and directors …
There’s no dispute that a $48.9 billion merger announced in 2015 between health insurers Anthem Inc. and Cigna Corp. imploded two years later over antitrust concerns. Now, the question is whether one owes the other billions for the deal’s failure. …
Johnson & Johnson, the world’s largest maker of health-care products, has agreed to settle the bulk of consumers’ lawsuits alleging it sold defective artificial hips and misled patients about their dangers, according to a lawyer for the plaintiffs. “The parties …
