Johnson & Johnson and its subsidiary Janssen Pharmaceuticals face more than 15,000 lawsuits over alleged disfiguring side effects caused by its antipsychotic drug Risperdal. The last case to be tried resulted in a $70 million verdict in favor of a young Tennessee boy. The next scheduled trial, which involved a New York boy who claimed he suffered serious Risperdal side effects, ended with a confidential settlement agreement early this year. Could that be a sign that the pharmaceutical giant is considering settling more cases? J&J says it is taking each case one-by-one to decide whether a settlement is in order. ... Read More
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