Johnson & Johnson News

J&J Talc Unit Faces Bankruptcy Judge After Tactic Rejected

Johnson & Johnson’s subsidiary shouldering talc-related lawsuits goes before a bankruptcy judge on Tuesday for the first time since a U.S. appeals court last month nixed the company’s attempt to offload the litigation into Chapter 11 proceedings. A three-judge panel …

Alcon to Pay Johnson & Johnson $199M to Settle Eye-Laser Cases

Alcon Vision will pay Johnson & Johnson’s Surgical Vision Inc $199 million to settle legal battles over intellectual property related to the companies’ laser eye-surgery devices, Alcon said in a press release on Sunday. Alcon said the one-time payment would …

U.S. Court Rejects J&J Bankruptcy Strategy for Thousands of Talc Lawsuits

A U.S. appeals court on Monday shot down Johnson & Johnson’s attempt to offload tens of thousands of lawsuits over its talc products into bankruptcy court. The ruling marked the first major repudiation of an emerging legal strategy with the …

Johnson & Johnson Acquiring Statewide Insurance Corp in Arizona

Johnson & Johnson acquired the assets of Statewide Insurance Corp. in Arizona, as it looks to expand into several Southwestern states. Statewide Insurance Corp. serves clients across the Southwest, writing specialty and preferred commercial insurance, as well as personal lines …

Judge Temporarily Blocks Two State Lawsuits Over J&J Talc Marketing

A U.S. bankruptcy judge has blocked New Mexico and Mississippi from pursuing lawsuits accusing Johnson & Johnson misleading consumers about the safety of its talc products, such as its baby powder, for now. U.S. Bankruptcy Judge Michael Kaplan in Trenton, …

Cancer Victims Urge Court to End J&J Bankruptcy Roadblock to Lawsuits

People suing Johnson & Johnson over the company’s talc products urged an appeals court on Monday to revive their claims, saying the profitable company should not be allowed to use a bankrupt subsidiary to block lawsuits alleging the products cause …

J&J to End Global Sales of Talc-Based Baby Powder

Johnson & Johnson will stop selling talc-based baby powder globally in 2023, the drugmaker said on Thursday, more than two years after it ended U.S. sales of a product that drew thousands of consumer safety lawsuits. “As part of a …

Director of 9/11 Fund Picked to Estimate Cost of J&J Talc Claims

The lawyer who oversaw payments to victims of the Sept. 11 terrorist attacks will be appointed by a federal judge to estimate the total liability that Johnson & Johnson faces for claims that talc in its baby powder causes cancer. …

Johnson & Johnson Acquires Oklahoma’s Midlands Management WB&B and MGU Units

Johnson & Johnson acquired the assets of the wholesale brokerage & binding (WB&B) and managing general underwriting (MGU) units of Oklahoma City, Oklahoma-based Midlands Management Corporation. Midlands is a wholly owned subsidiary of Safety National Casualty Corporation. The parties expect …

California Appeals Court Says J&J Must Pay $302M in Pelvic Mesh Case

A California appeals court has upheld a lower court ruling that Johnson & Johnson must pay penalties to the state for deceptively marketing pelvic mesh implants for women, but reduced the amount by $42 million to $302 million. Johnson & …