Tag: chief-executives
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J&J questions fairness of hip implant trial, $1 billion verdict
Although legal experts think J&J faces an uphill battle, both they and investors believe the Texas jury's penalty, the largest product liability verdict so far this year, is unlikely to stand. In the two-month trial, five separate people from California argued that design flaws in the metal-on-metal implant made by J&J subsidiary DePuy Orthopaedics caused…
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Discrimination against Latinos in United States has risen, study says
Most Latinos in the United States say they have suffered discrimination, more than twice as many who said so a decade earlier, according to research released on Tuesday. A study published in online journal Social Science & Medicine – Population Health found 68 percent of Latino men and women in the United States reported discrimination,…
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Japan PM’s advisers urge annual review of drug prices
Prime Minister Shinzo Abe's economic advisers, hoping to curb Japan's ballooning healthcare costs, proposed on Wednesday reforms to the way drug prices are set, a step opposed by foreign and domestic drug makers who say the changes will stifle investment. The proposals follow a decision to halve the price of Bristol Myers Squibb Co's cancer…
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Ohio lawmakers pass ‘heartbeat’ abortion legislation
Ohio lawmakers approved a bill that bans abortion once a fetal heartbeat can be detected, as early as six weeks after conception, clearing the way for one of the most stringent abortion restrictions in the United States if it becomes law. The Republican-led state House of Representatives and Senate passed the so-called “heartbeat” measure late…