Business Standard

Friday, December 27, 2024 | 05:37 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Govt order asking J&J to pay compensation is complete hogwash: Expert

In November, the government had come up with a compensation formula based on factors such as age, risk and percentage of disability

johnson & johnson
Premium

johnson & johnson

Aashish Aryan
In a first of its kind ruling, the Central Drugs Standard Control Organization (CDSCO) recently asked Johnson and Johnson (J&J), a US-based company, to pay a hefty penalty of nearly Rs 75 lakh to an unidentified Mumbai-based victim of a faulty hip implant. 

In November, the government had come up with a compensation formula based on factors such as age, risk and percentage of disability. The quantum of compensation recommended in such cases varied from Rs 30 lakh to nearly Rs 1.2 crore. 

Experts, however, doubt the ability of the government, and the regulator, to actually realise the penalty amount from the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in