South Carolina court orders Johnson & Johnson to pay $136 million in Risperdal case

February 26, 2015 10:18 AM

3 0

South Carolina court orders Johnson & Johnson to pay $136 million in Risperdal case

(Reuters) - South Carolina's Supreme Court ordered Johnson & Johnson to pay a penalty of $136 million, upholding a jury's finding that the drugmaker's Janssen unit had improperly marketed its anti-psychotic drug Risperdal and concealed its risks.

A trial court had earlier ordered J&J to pay $327 million, but the Supreme Court more than halved that penalty, citing a provision in South Carolina law that no action can be taken in such cases after three years of the discovery of unlawful conduct. South Carolina filed its complaint in April 2007.

Also read: Trump names climate change skeptic and oil industry ally to lead the EPA

Read more

To category page

Loading...