Abbott Laboratories News

Panel to Study Cyber Security Issues at St. Jude After Heart Device Claims

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 …

St. Jude Files Suit in Minnesota over Heart Device Allegations

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 …

Jury: Abbott Must Pay $23M in Punitive Damages Over Depakote

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 …

Kentucky OxyContin Case Against Purdue Pharma Leads Fight Over Opioid Abuse

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 …