J&J Unlikely To Cut Risperdal Deals As Appeals Play Out
By Matt Fair (November 29, 2016, 7:34 PM EST) -- Even after four losses — including a recent $70 million verdict — and another trial opening this week, attorneys say Johnson & Johnson is unlikely to consider settling thousands of pending cases over breast growth allegedly caused by the antipsychotic Risperdal until appeals over the availability of punitive damages and the appropriate time bar for claims are resolved.
The case set to open before a Philadelphia jury on Friday is the latest since J&J was hammered with a $70 million verdict over Risperdal-related claims in July, but attorneys say the prospect of another eye-popping damage award was, by itself, not likely...
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