Abbott Laboratories and a unit of Reckitt Benckiser Group Plc were cleared by a jury over claims they hid risks their ...

The ruling by a Missouri state court jury is a rare legal win for Abbott Laboratories, maker of Similac formula, and Reckitt, ...

Abbott CEO ‘Hopeful’ Abbott said in July it may have to pull Similac for premature infants ... about both Abbott’s Similac formula and Reckitt’s Enfamil in a single case.

A jury found Abbott Laboratories and Mead Johnson, owned by U.K.-based Reckitt Benckiser, not responsible for a young boy's intestinal disease, the result of a lawsuit that alleged the companies ...

Mead Johnson had already been ordered to pay $60m in damages in March to Jasmine Watson, the mother whose baby died after being fed the company’s Enfamil Premature 24 brand of formula.

Shares of Abbott, which makes the Similac formula, rose 5.4% to $ ... in compensation related to the death of a premature baby that was fed its Enfamil Premature 24 product. Nearly 1,000 such ...