J&J Unit To Pay $5.9M To End Mont. Risperdal Row

Law360, New York (March 10, 2014, 5:46 PM EDT) -- A Johnson & Johnson unit on Thursday agreed to pay $5.9 million to resolve a suit brought by Montana's attorney general claiming the company promoted its antipsychotic drug Risperdal as safe despite knowing it posed risks of health problems including diabetes.

Janssen Pharmaceutical Inc. agreed to the settlement without admitting to any wrongdoing, as part of a deal that prevents it from misleading consumers about its drugs in the future, according to a statement by the Montana AG’s office.

Roughly $1.5 million of the settlement funds...
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