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J&J's Application to Extend Patent on Anti-Tuberculosis Drug Bedaquiline Rejected - Vimarsana News

J&J's Application to Extend Patent on Anti-Tuberculosis Drug Bedaquiline Rejected

The patent would have extended J&J's monopoly on the anti-TB drug in India. But with this judgment, generic manufacturers can now make their own versions at an affordable price from this year.

Source: thewire.in
CRIMINAL: J&J tried to create a new subsidiary to take all the liability from talc powder damage lawsuits, then declare bankruptcy to dismiss BILLIONS of dollars in trial awards - Vimarsana News

CRIMINAL: J&J tried to create a new subsidiary to take all the liability from talc powder damage lawsuits, then declare bankruptcy to dismiss BILLIONS of dollars in trial awards

The U.S. Third Circuit Court of Appeals in Philadelphia has dismissed a Chapter 11 petition filed by a recently created subsidiary of Johnson & Johnson (J&J) called LTL Management, which [...]

U.S. court rejects J&J bankruptcy strategy for tens of thousands of talc lawsuits - Vimarsana News

U.S. court rejects J&J bankruptcy strategy for tens of thousands of talc lawsuits

(Reuters) -A U.S. appeals court upended Johnson & Johnson's attempt to offload into bankruptcy tens of thousands of lawsuits over its talc products, ruling the healthcare conglomerate improperly placed a subsidiary into Chapter 11 proceedings even though it did not face financial distress. The decision by the U.S. 3rd Circuit Court of Appeals in Philadelphia on Monday dismissed a Chapter 11 petition filed by a recently created J&J subsidiary in October to address more than 38,000 lawsuits from plaintiffs alleging the company’s baby powder and other talc products caused cancer....

Source: aol.com
J&J expects inflation, China COVID hit to carry into 2023 - Vimarsana News

J&J expects inflation, China COVID hit to carry into 2023

Johnson & Johnson on Tuesday said it sees the impact from high inflation carrying into 2023 and expects China's major COVID-19 outbreak to dent sales at its medical devices unit in the first half of

J&J Tops 4th-Quarter Earnings Forecasts as Profit, Revenue Slip - Vimarsana News

J&J Tops 4th-Quarter Earnings Forecasts as Profit, Revenue Slip

Johnson & Johnson beat earnings expectations in the final quarter of 2022 even as a strong dollar and ...