UPDATE 1-J&J can contest evidence linking its talc to cancer, judge rules [Yahoo! Finance]
Johnson & Johnson (JNJ)
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Source: Yahoo! Finance
NEW YORK, March 27 (Reuters) - Johnson & Johnson will get a new chance to contest the scientific evidence linking talc products to ovarian cancer, a federal judge ruled on Wednesday, potentially disrupting a federal court case that consolidates 53,000 lawsuits. U.S. District Judge Michael Shipp in a brief written order said recent changes in the law and new scientific evidence requires a fresh review of the evidence that linked J&J products to ovarian cancer. Shipp took over the case in February 2023, after the retirement of former Chief District Judge Freda Wolfson, who had overseen the litigation since 2016. J&J Worldwide Vice President of Litigation Erik Haas said the company was very pleased by the ruling, and that it intended to "shine a light on some of the made-for-court junk science" used in recent trials. "The passage of time has only solidified the decades of medicine and science that support Johnson & Johnson's position in these cases," Haas said in a statement.
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JNJ
Earnings
- 4/16/24 - Beat
JNJ
Sec Filings
- 4/16/24 - Form 8-K/A
- 4/16/24 - Form 8-K
- 3/27/24 - Form PX14A6G
- JNJ's page on the SEC website