January 23, 2023
Abbott Laboratories’ Michigan plant, which was at the center of the U.S. baby formula shortage last year, faces a criminal investigation by the Justice Department, the Wall Street Journal reported on Friday. Panicked parents emptied baby formula aisles at supermarkets …
December 2, 2022
The near year-long infant formula shortage in the United States that prompted the intervention of the White House is likely to “persist” until spring, according to Reckitt Benckiser, the maker of what is now the biggest brand in the market, …
June 3, 2022
Federal investigators have launched a review into whether the U.S. Food and Drug Administration properly inspected Abbott Laboratories’ Michigan plant and how the agency oversaw the baby formula recall that led to severe U.S. shortages. The review, which is expected …
May 23, 2022
Abbott Laboratories and the U.S. Food and Drug Administration are on track to reopen Abbott’s baby formula manufacturing plant in Sturgis, Michigan, within one or two weeks, FDA Commissioner Robert Califf said on Thursday. Abbott, the biggest U.S. supplier of …
June 2, 2021
MONTGOMERY, Ala. — The Alabama Supreme Court sided with Abbott Laboratories on Friday and threw out a lawsuit filed by Mobile County against the company over the opioid epidemic. In an 8-0 opinion in which one justice recused himself, the …
September 29, 2020
President Donald Trump, under fire over his handling of the coronavirus epidemic, announced on Monday the federal government would ship 150 million rapid tests to U.S. states and warned an increase in positive cases is likely in the days ahead. …
October 18, 2016
Medical-device maker St. Jude Medical Inc. said it plans to set up a medical advisory board focused on cyber security issues affecting patient care and safety. St. Jude said in a statement that the group, known as the Cyber Security …
September 7, 2016
St. Jude Medical Inc. said it had filed a lawsuit against short-selling firm Muddy Waters and cyber security company MedSec Holdings Ltd. alleging they intentionally disseminated false and misleading information in order to lower the value of St. Jude’s stock …
May 28, 2015
Abbott Laboratories was ordered to pay $23 million in punitive damages to a Minnesota girl whose family blamed the company’s epilepsy drug Depakote for causing her birth defects. It was the first verdict against the drugmaker over the medication. A …
October 22, 2014
No one rises as Circuit Judge Steven Combs enters his courtroom in Pikeville, Kentucky. Combs wears a white shirt and yellow tie, no robe. Lawyers approach the bench as their cases are called, shake the judge’s hand and exchange small …