Tag Archives: pledges

Bayer pledges $300M to boost production in world’s ‘contraceptive capital’

Bayer, currently in the midst of a gung-ho cell therapy expansion in the U.S., is turning its attention back to Europe as it looks to beef up its birth control manufacturing in the world’s “contraceptive capital.” The company has designs on a €250 million ($ 303 million) investment for a new production plant in Turku, Finland,… Read More »

J&J found liable in Oklahoma opioid case and ordered to pay $572M; pledges to appeal

Johnson & Johnson fought hard against Oklahoma’s claims the company played a “kingpin” role in the state’s opioid epidemic, but its lawyers fell short in those efforts after a six-week trial. On Monday, Judge Thad Balkman ruled that J&J created a public nuisance and ordered the company to pay $ 572 million as part of an opioid abatement plan.  Oklahoma… Read More »