Johnson & Johnson hit as jury awards ‘excessive’ $8 billion in damages

October 9, 2019 admin Business News Comments Off on Johnson & Johnson hit as jury awards ‘excessive’ $8 billion in damages

Shares of Johnson & Johnson dipped 2% on Wednesday after a jury awarded $8 billion in punitive damages to a man who accused the drugmaker of failing to warn that young men using its antipsychotic drug Risperdal could grow breasts.

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Source:: Reuters – Business News