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J&J Withdraws Fibroid Treatment Device from Market

July 30, 2014 7:33 pm | by The Associated Press | News | Comments

Johnson & Johnson is asking surgeons not to use a line of devices for removing growths from the uterus amid regulators' growing concern that the electronic surgical tools raise the risk of spreading cancer to other parts of the body.  

J&J Buying Back $5B Worth of its Shares

July 21, 2014 6:26 pm | by The Associated Press | News | Comments

Johnson & Johnson, the world's biggest maker of health care products, plans to buy back up...

J&J Second Quarter Profit Climbs 13%

July 15, 2014 8:48 am | News | Comments

The New Brunswick, New Jersey-based company said earnings increased to $4.33 billion, or $1.51...

Ortho-Clinical Diagnostics Announces Executive Leadership Additions as It Becomes an Independent, Stand-Alone Company

July 8, 2014 8:58 am | News | Comments

Ortho-Clinical Diagnostics, Inc. unveiled its newly expanded executive leadership team following...

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Chicago Sues Over Painkiller Marketing

June 3, 2014 3:39 pm | by CARLA K. JOHNSON, AP Medical Writer | News | Comments

The lawsuit filed Monday in Cook County Circuit Court states the city has paid nearly $9.5 million for filling opioid prescriptions since 2007. It alleges the pharmaceutical companies' marketing of opioids for long-term use to treat non-cancer pain was false, misleading and "unsupported by science."

China Fines Eye-Care Companies on Pricing Charges

May 30, 2014 12:33 am | by The Associated Press | News | Comments

China has fined Johnson & Johnson, Nikon and five other foreign makers of eyeglasses and contact lenses on price-fixing charges in its latest effort to use anti-monopoly law to control consumer prices.         

California Counties Sue Over Painkiller Marketing

May 22, 2014 3:18 pm | by PAUL ELIAS, Associated Press | News | Comments

Two California counties have filed a lawsuit accusing five drug companies of waging a campaign of deception to boost the sales of painkillers behind the nation's prescription drug addiction problem.         

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J&J Halts Sale of Electric Fibroid Removal Devices

April 30, 2014 12:36 pm | by The Associated Press | News | Comments

Johnson & Johnson is halting sales of devices used to remove growths in the uterus following a government warning that the electronic surgical tools can inadvertently spread cancer to other parts of the body. The announcement comes one week after the Food and Drug Administration discouraged doctors from using the devices, known as laparoscopic power morcellators.

J&J Says Europe Clears New Diabetes Treatment

April 25, 2014 12:37 pm | by The Associated Press | News | Comments

Johnson & Johnson said Friday that European Union regulators approved a pill that combines its diabetes drug Invokana with metformin, an older treatment for the disease. Janssen-Cilag International will market the drug under the name Vokanamet.

J&J: Business Doing Well on New Product Approvals

April 24, 2014 1:51 pm | by The Associated Press | News | Comments

Johnson & Johnson CEO Alex Gorsky says all three of its business segments are doing well and made significant medical advances last year.                  

Johnson & Johnson Reports 2014 First-Quarter Results

April 15, 2014 7:56 am | News | Comments

Johnson & Johnson today announced sales of $18.1 billion for the first quarter of 2014, an increase of 3.5% as compared to the first quarter of 2013. Operational results increased 5.3% and the negative impact of currency was 1.8%.  Domestic sales increased 2.2%.  International sales increased 4.5%, reflecting operational growth of 7.9% and a negative currency impact of 3.4%.

Arkansas to Ask Court to Reconsider Drug Fine

April 3, 2014 6:29 pm | by Andrew Demillo - Associated Press - Associated Press | News | Comments

Arkansas Attorney General Dustin McDaniel said Thursday he plans to ask the state Supreme Court to reconsider its decision tossing out a $1.2 billion judgment against drugmaker Johnson & Johnson over the marketing of the antipsychotic drug Risperdal.

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Johnson & Johnson to be Official Healthcare Partner of the USO

April 1, 2014 3:26 pm | News | Comments

Johnson & Johnson has entered a multi-year agreement to be the Official Healthcare Partner of the USO.  The announcement was made today during a ceremony to mark the opening of the USO's Warrior and Family Center at Bethesda, located on the campus of Naval Support Activity Bethesda, home of Walter Reed National Military Medical Center.

J&J Accepts $4B Carlyle Offer for Diagnostics Unit

March 31, 2014 8:04 am | News | Comments

Johnson & Johnson today announced that it has accepted the binding offer from The Carlyle Group, which was received and announced on January 16, 2014, to acquire its Ortho-Clinical Diagnostics business for approximately $4B, subject to customary adjustments.

Women: J&J Trashed Records in Product Injury Suits

March 26, 2014 1:33 pm | by The Associated Press | News | Comments

Lawyers and advocates for women alleging Johnson & Johnson products injured them are urging the U.S. Justice Department to investigate their claims the health care giant deliberately destroyed many documents critical to the lawsuits.   

Arkansas Court Tosses $1.2B Judgment Against J&J

March 20, 2014 10:31 am | by Chuck Bartels - Associated Press - Associated Press | News | Comments

The Arkansas Supreme Court on Thursday overturned a $1.2 billion judgment against Johnson & Johnson in a lawsuit challenging the drugmaker's marketing of the antipsychotic drug Risperdal. The court ruled that the state improperly sued under a law that applies to health care facilities, not pharmaceutical companies.

Price of New Hep C Drug Questioned by Medical Groups

March 11, 2014 11:55 am | by MATTHEW PERRONE, AP Health Writer | News | Comments

An innovative hepatitis C drug that was only recently hailed as a breakthrough treatment is facing skepticism from some health care providers, as they consider whether it is worth the $1,000-a-pill price.             

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Reckitt Benckiser Buying J&J's K-Y brand

March 10, 2014 7:28 am | by The Associated Press | News | Comments

The British consumer goods company Reckitt Benckiser is buying K-Y personal lubricants from U.S. health care giant Johnson & Johnson. Terms of the deal were not disclosed Monday by Reckitt Benckiser, which expects to close the acquisition by the middle of the year.

Montana Settles With J&J Subsidiaries for $5.9M

March 6, 2014 5:32 pm | by Matt Volz - Associated Press - Associated Press | News | Comments

Subsidiaries of Johnson & Johnson have agreed to pay $5.9 million to settle a lawsuit with Montana over how an anti-psychotic drug was marketed, state Attorney General Tim Fox said Thursday. The settlement with Janssen Ortho LLC and Janssen Pharmaceuticals closes the latest in a string of...

J&J Employee Killed in Town House Explosion

March 5, 2014 6:31 pm | by Bruce Shipkowski - Associated Press - Associated Press | News | Comments

The contractor working for New Jersey's largest utility at the site of a town house explosion that killed one resident recently had been fined more than $100,000 by safety regulators for problems at two other sites, but the utility said Wednesday it never had any problems with the construction...

Drug Firms Argue Against $1.2B Arkansas Judgment

February 27, 2014 11:34 am | by The Associated Press | News | Comments

A lawyer for two drug companies told the Arkansas Supreme Court that the state improperly relied on federal regulations in a lawsuit that resulted in a $1.2 billion award over the companies' marketing of an antipsychotics drug.     

US Judge Rules for Company in W.Va. Mesh Lawsuit

February 18, 2014 5:14 pm | by The Associated Press | News | Comments

A federal judge has ruled in favor of a manufacturer in a lawsuit brought by a Texas woman who claimed her pelvic pain was caused by implanted surgical mesh. U.S. District Judge Joseph R. Goodwin on Tuesday dismissed Carolyn Lewis' lawsuit against Johnson & Johnson subsidiary Ethicon.

FDA Rejects Wider Use of J&J Xarelto for Third Time

February 14, 2014 11:59 am | News | Comments

The Food and Drug Administration has rejected — for a third time — Johnson & Johnson's application to expand use of the blood thinner Xarelto to reduce dangerous blood clots and related problems in patients with coronary artery disease.

Pelvic Mesh Lawsuit Goes to Trial in West Virginia

February 10, 2014 2:48 pm | News | Comments

A dozen plaintiffs filed the lawsuit in Texas in 2012. It is among about 50,000 cases filed nationwide that were transferred to West Virginia as part of federal multidistrict litigation. U.S. District Judge Joseph R. Goodwin selected the lawsuit and several other "bellwether" cases to serve as representative cases.

Partners in New NIH-Industry Project to Find Meds

February 4, 2014 1:43 pm | by The Associated Press | News | Comments

Ten pharmaceutical companies, seven disease-related foundations, the drug industry's main trade group and two huge federal agencies have joined together in an unusual collaboration to share information and speed up creation and approval of new drugs needed by patients.

Louisiana Court Tosses AG Office's $330M Risperdal Judgment

January 30, 2014 8:30 am | by MICHAEL KUNZELMAN, Associated Press | News | Comments

A divided Louisiana Supreme Court has overturned a $330 million judgment against two pharmaceutical companies that state Attorney General James "Buddy" Caldwell accused of improperly marketing a drug.        

Janssen Announces New Group Targeting Unmet Global Health Needs

January 22, 2014 8:38 am | News | Comments

Janssen, the pharmaceutical companies of Johnson & Johnson, today announced the formation of Janssen Global Public Health (Janssen GPH), an important new group unifying Janssen's commitment to research, develop, and deliver transformational medicines to address the world's greatest unmet public health needs.

Johnson & Johnson Reports 2013 Fourth-Quarter and Full-Year Results

January 21, 2014 7:57 am | News | Comments

Johnson & Johnson today announced sales of $18.4 billion for the fourth quarter of 2013, an increase of 4.5% as compared to the fourth quarter of 2012.                

Fitch: JNJ's Diagnostics Divestiture Makes Strategic Sense

January 17, 2014 8:57 am | News | Comments

A proposed transaction between Johnson & Johnson (JNJ) and The Carlyle Group is viewed as strategically sound, according to Fitch Ratings. Fitch believes the margins and long-term growth opportunities for this business had been lower versus those for the total firm.

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