Reportedly Johnson & Johnson (JNJ) has been accused of using deceitful methods to encourage the over-use of opioid painkillers that has led to a U.S. opioid epidemic. Mike Hunter, Oklahoma Attorney General recently filed a multi-billion dollar case demanding J&J to pay for helping cause the “worst manmade public health crisis in our state’s history.”
In defense, J&J lawyer Larry Ottway has been reported to have put forward the argument that opioids were U.S. Food and Drug Administration approved and their packaging contained labels warning of the addictive risk. He also added that their opioids made up a small portion prescribed overall.
In March of this year, Oklahoma resolved their claims against Purdue Pharma LP the OxyContin maker for $270 million. They also successfully won against Teva Pharmaceutical Industries Ltd recently for $85 million.
Dow 30 component Johnson & Johnson (JNJ) is a worldwide healthcare focused company that embraces research and science so that it can provide customers with innovative ideas, products, and services. To learn more about Johnson & Johnson (JNJ) and to continue to track its progress visit the Vista Partners Johnson & Johnson Coverage Page.
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