• FEATURED:
    LIVE VIDEO: THV 11 This Morning    Watch
     

    Oral arguments set over J&J appeal of $1B fine

    1:46 PM, Jan 13, 2014   |    comments
    (Photo: USA Today)
    • Share
    • Print
    • - A A A +

    LITTLE ROCK, Ark. (AP) - The Arkansas Supreme Court has scheduled oral arguments in Johnson & Johnson's request to overturn a verdict and $1.2 billion fine over the marketing of the antipsychotics drug Risperdal.

    Oral arguments are set for Feb. 27 in Little Rock for the appeal from Johnson & Johnson and its subsidiary Janssen Pharmaceuticals, Inc. Attorney General Dustin McDaniel successfully sued the companies, claiming they downplayed and hid risks associated with taking Risperdal.

    In 2012, a Pulaski County judge fined the two companies $5,000 for each of 240,000 Risperdal prescriptions the state Medicaid program paid for during a 3½-year period.

    In a separate case, Johnson & Johnson agreed to a $2.2 billion settlement with the U.S. Department of Justice in November over allegations that it promoted three drugs, including Risperdal, for off-label uses.

    (Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

    Most Watched Videos