December 22nd, 2011

SC judge upholds $327M verdict for J&J marketing

By Associated Press
Canadian Business

A South Carolina judge has upheld a $327 million civil penalty against health giant Johnson & Johnson, which in March was found guilty by a jury of overstating the safety and effectiveness of its former blockbuster antipsychotic drug, Risperdal.

Attorneys for the state said Wednesday that it’s the biggest verdict in the country over the marketing of Risperdal. The pill for schizophrenia and bipolar disorder once brought J&J more than $3.4 billion in annual sales.

Read more: http://bit.ly/rOc6Dc

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