Firm willing to pay RS 25 lakh only to 'revision surgery' patients, not others
(Reuters) - Healthcare conglomerate Johnson & Johnson has lost its motion to reverse a verdict that awarded $4.7 billion to women who blamed ovarian cancer on asbestos in the company's Baby Powder and other talc products, a Missouri court ruled on Wednesday.
The absence of compensation provisions in the Drugs & Cosmetics Act puts the spotlight on the gaps in the regulatory regime
Company executives, mine managers, scientists, doctors and lawyers fretted over the problem and how to address it while failing to disclose it to regulators or the public
The government wrote to J&J's subsidiary DePuy Medical, which made the devices, asking them to provide compensation till 2025
J&J's India bet comes at a time when it has faced consumer ire in the US