Takeda and Lilly remain on the hook for $9B Actos award

August 29, 2014 3:05 PM

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Judge says jury was within its rights to order what it thought was 'appropriate'

Legal experts have insisted there is no way that a $9 billion punitive damage award against Takeda Pharmaceutical and Eli Lilly ($LLY) for hiding Actos risks can stand. It is just too big compared to the $1.5 million in actual damages a jury said were due. But the two companies are still sweating th...

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