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.
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.
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 ...
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 ...
Abbott said in July it may have to pull Similac for premature infants off shelves if juries ... was the first time jurors weighed allegations about both Abbott’s Similac formula and Reckitt’s Enfamil ...
In the first case to go to trial in March, Reckitt Benckiser was ordered to pay $60 million in damages to a mother whose premature child died after consuming the company’s Enfamil baby formula.
Reckitt saw sales surpass expectations in the third quarter as the consumer giant was boosted by healthcare brands, including Durex condoms and Nurofen.
Abbott Laboratories and a unit of Reckitt Benckiser Group Plc were cleared by a jury over claims they hid risks their ...
Reckitt has also launched a strategic review of its troubled infant-formula unit Mead Johnson ... related to the death of a premature baby that was fed its Enfamil Premature 24 product.
Earlier this year, the firm suffered a blow when a court ruled in March that it would have to pay £46million ($60million) in ...