By Jody Godoy and Bharat Gautam (Reuters) – A U.S. judge on Monday denied Theranos founder Elizabeth Holmes’ request to remain free on bail while she appeals her conviction on charges of d[...]
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Health
Mexico to probe GM corn impact on tortillas amid US trade dispute
MEXICO CITY (Reuters) – Mexican authorities announced Monday a working group will investigate the impact of genetically modified (GM) corn imports on the country’s tortillas, a national st[...]
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J&J talc unit 2nd bankruptcy must be dismissed, cancer victims’ lawyers say
By Dietrich Knauth and Mike Spector (Reuters) -Johnson & Johnson’s second attempt to resolve talc lawsuits in bankruptcy should be dismissed as an unprecedented fraud designed to deny plaintiffs j[...]
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Pfizer, Biogen among hundreds of US drugmakers calling for abortion pill ruling reversal
By Michael Erman and Ahmed Aboulenein (Reuters) -Executives from more than 300 biotech and pharmaceutical industry companies, including Pfizer Inc and Biogen Inc, signed an open letter on Monday calli[...]
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Drugmaker AbbVie trims profit forecasts on IPR&D expenses
(Reuters) -AbbVie Inc on Wednesday lowered its full-year and first-quarter profit expectations, citing a $150 million hit from acquired in-process research and development (IPR&D) and milestone ex[...]
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J&J rises as $9 billion talc lawsuit settlement eases overhang on unit spinoff
(Reuters) -Johnson & Johnson’s shares rose nearly 4% in early trading to hit a near two-month high of $164.48 on Wednesday as the company’s $8.9 billion offer to settle talc-related la[...]
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J&J unit files for second bankruptcy to pursue $8.9 billion talc settlement
By Dietrich Knauth and Mike Spector (Reuters) -Johnson & Johnson has agreed to pay $8.9 billion to settle tens of thousands of lawsuits alleging that talc in its iconic Baby Powder and other produ[...]
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3M’s bid to shield itself from earplug lawsuits faces skeptical judges
By Brendan Pierson and Dietrich Knauth (Reuters) -Federal appeals court judges on Tuesday appeared skeptical of 3M’s bid to use the bankruptcy of its subsidiary Aearo Technologies to shield itse[...]
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Exclusive-Johnson & Johnson considers refiling talc-liability bankruptcy after appeals-court defeat
By Mike Spector (Reuters) – Johnson & Johnson is exploring the idea of placing a subsidiary shouldering tens of thousands of talc lawsuits into bankruptcy proceedings for a second time, desp[...]
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