Posts Tagged 'Johnson & Johnson'

Israeli lawsuits filed over hip implants

Sixty three recipients of an artificial hip implant manufactured by a Johnson & Johnson subsidiary have filed suit in Israeli court, claiming that the devices broke down and caused them pain and a high level of metal ions in their blood.

According to a report in Jewish Business News, the plaintiffs “describe attendant problems in functioning accompanied by infections, tumors, fractures ...

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South Africans suing over hip implants

More than 170 residents of South Africa are filing suit against Johnson & Johnson subsidiary DePuy Orthopedics over problems with the company’s all-metal hip implants, according to a story on IOL News.

The story says the South African plaintiffs are suing in a court in England — where the implants in question were manufactured — because they were unable to sue in their home country. They’re seeking millions of dollars over ...

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Investing blog warns about J&J

An investing blog on CNBC.com warns potential investors about health care giant Johnson & Johnson.

The stock is already up more than 22 percent on the year, the blog entry says, and trading at a price/earnings ratio more than twice that of rival Abbott Laboratories. But the entry points out that investors are worried about the company’s prospects for organic growth, especially in light of its reputation still being in “recovery” ...

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J&J baby powder contaminated with carcinogen

According to a story in the International Business Times, a batch of baby powder from a Johnson & Johnson plant in India was found to be contaminated with a carcinogen. That finding prompted the Food and Drug Administration to cancel Johnson & Johnson’s license to manufacture the powder at that plant.

In recent years, Johnson & Johnson has been obliged to recall nearly 300 million packages of over-the-counter medications, including Motrin, ...

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British regulators warn about hip implants

A story in The Telegraph details the advice that British health regulators are providing for U.K. residents who received a “metal-on-metal” hip implant, in light of recent findings that up to half of the devices fail within six years.

Friction between the metal surfacing on both the implants’ ball and cup causes tiny filings of cobalt and chromium to break off. According to the story, that toxic debris “can seep into ...

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Johnson & Johnson shareholders unhappy with management

A story in the Washington Post says that several Johnson & Johnson shareholders spoke of their dissatisfaction with the company during their annual meeting recently. Their complaints focused on a long string of product recalls, ethical lapses and excessive executive pay.

In 2010, the company’s McNeil Consumer Healthcare unit recalled more than 280 million packages of over-the-counter medications, which included Motrin, children’s Tylenol liquid and Benadryl.

Also in 2010, Johnson & Johnson’s ...

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