Monday, 27 October 2014

U.S. judge pares $9 billion award against Takeda, Eli Lilly over drug

NEW YORK (Reuters) - A U.S. judge on Monday slashed a $9 billion punitive damage award against Takeda Pharmaceutical Co and Eli Lilly & Co over their Actos diabetes drug to $36.8 million, according to a court filing. U.S. District Judge Rebecca Doherty in Louisiana court granted a motion from the drugmakers to reduce the $9 billion in combined punitive damages they were hit with earlier this year. The verdict, which also included $1. ... via Health News Headlines - Yahoo News Read More Here..


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