Tag: second-straight
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Johnson & Johnson ordered to pay $55 million in talc-powder trial
Johnson & Johnson was ordered by a U.S. jury on Monday to pay $55 million to a woman who said that using the company’s talc-powder products for feminine hygiene caused her to develop ovarian cancer. The verdict, which J&J plans to appeal, was the second straight trial loss for the company, which is facing about…
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Canadian vitamin maker Jamieson up for sale by CCMP: sources
By Lauren Hirsch, Denny Thomas and John Tilak NEW YORK/HONG KONG/TORONTO (Reuters) – U.S. private equity firm CCMP Capital Advisors is trying to sell Jamieson Laboratories about two years after buying the Canadian vitamin maker, according to three sources familiar with the situation. CCMP, which has hired investment banks Houlihan Lokey and Nomura to facilitate…
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Tenet sees competitors picking up UnitedHealth exchange business
Tenet Healthcare Corp , the third-largest U.S. for-profit hospital operator, expects other insurers to step in and absorb UnitedHealth Group Inc's share of the exchange market when the largest U.S. health insurance provider exits that business, company executives said on Monday. UnitedHealth, one of the biggest sellers of plans on the exchanges, last month said…