Johnson & Johnson

J&J hit with more than $1bn verdict over defective hip implants

Johnson & Johnson (J&J) suffered another tough legal blow on Thursday, when a federal jury in Dallas ordered its DePuy Orthopaedics division to pay more than $1 billion to six plaintiffs who alleged that they were injured by the company's Pinnacle hip implants.

The federal jury sided with the plaintiffs that the Pinnacle hip implants were designed defectively and that the company failed to warn patient's about the looming risks.

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J&J subsidiary Acclarent to pay $18 million to resolve allegations involving Stratus

Justice Department announced Friday that Johnson & Johnson Inc subsidiary Acclarent Inc will pay $18 million to settle allegations levied on it that it has led healthcare providers to submit wrong claims to Medicare and other federal healthcare programs.

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