Johnson & Johnson Accused of Dodging Liability for Its Alleged Role in Opioid Epidemic

Even after illegally promoting opioid painkillers to reap billions of dollars in profit over the past two decades, Johnson & Johnson has accepted “zero responsibility’’ for its central role in fueling a public-health crisis, Oklahoma’s top law-enforcement official told a trial judge. J&J engaged in a “cunning” scheme to dupe doctors into over-prescribing addictive medications […]

Johnson & Johnson to Test a Pioneering HIV Vaccine: Brainstorm Health

Happy Friday, readers! Johnson & Johnson doesn’t just want to treat HIV—it wants to prevent against it altogether with an experimental vaccine. The U.S. drug giant announced Friday that will test out the vaccine in the U.S. and Europe this year, according to CNBC. If it proves successful—following testing on thousands of men who have […]

J&J CEO’s West Point Lesson: Great Leaders Know How to Listen

One thing most people don’t know about Johnson & Johnson is that its CEO is a military veteran. Alex Gorsky is a graduate of the West Point military academy. He went on to serve in the army for six years rising to the rank of captain. Gorsky, who began his career in sales at the […]

Xeralto to Become First Prescription Drug With TV Ads That Includes Pricing

Xeralto has been a popular drug-thinner for years–and the target of more than 25,000 lawsuits recently settled by Bayer AG and Johnson & Johnson for $775 million. Now Xeralto, a brand name for generic rivaroxaban, is getting some attention for something different. It’s about to become the first drug to include prices in television ads, […]

Jury Awards $29 Million in Latest Johnson & Johnson Cancer-Causing Baby Powder Lawsuit

An Oakland, Calif. jury has awarded a $29 million settlement to a woman who sued Johnson & Johnson over allegations that the company’s talcum-based baby powder contains asbestos-causing cancer, according to ABC News. Teresa Leavitt’s lawsuit against the pharmaceutical giant claimed the company’s baby powder was the reason she developed mesothelioma, a cancer caused by […]

Mithril Capital’s Ajay Royan Talks about Working with Peter Thiel and Why ‘Investing Is Hard’

It’s been an interesting month for Ajay Royan. On the one hand, Mithril Capital–the venture capital firm he co-founded with Peter Thiel in 2012–just had its biggest win to date after Johnson & Johnson agreed to buy Mithril-backed medical robotics firm Auris Health for $3.4 billion. The deal, which has been described as the largest-ever […]