JUDGE: $9 Billion Jury Award Violated Drugmakers' Constitutional Rights

October 27, 2014 11:47 PM

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JUDGE: $9 Billion Jury Award Violated Drugmakers' Constitutional Rights

(Reuters) - A U.S. judge on Monday slashed a $9 billion punitive damages award to $36.8 million against Takeda Pharmaceutical Co and Eli Lilly & Co over their Actos diabetes drug, although she rejected their request for a new trial.

U.S. District Judge Rebecca Doherty in Louisiana in a court filing granted a motion from the drugmakers to reduce the $9 billion in combined punitive damages awarded earlier this year.

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