J&J division loses Risperdal lawsuit in Ark.

04/10/2012 | Bloomberg Businessweek

An Arkansas jury determined that Janssen Pharmaceuticals, a Johnson & Johnson unit, misled patients and physicians about the risks of antipsychotic Risperdal. The state attorney general's office seeks at least $1.2 billion in penalty. "Janssen firmly believes it did not violate the Arkansas Medicaid Fraud False Claims Act or the Arkansas consumer fraud statute," the company said.

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