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

2015-02-26 15:02:25| Biotech - Topix.net

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.

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Category:Biotechnology and Pharmaceuticals

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