A federal judge has overturned the $150 million verdict against AbbieVie, ruling that the jury's verdicts were logically incompatible. The jury did not award any compensatory damages, having decided that AbbieVie was not negligent. But they did award $150 million in punitive damages, having decided the company marketed testosterone fraudulently. A mistrial has been declared and the suit will need to be retried. Here is the full news report.
In other news, Eli Lilly has reached a global settlement in the testosterone litigation filed against it and the judge has cancelled two upcoming trials. News of the settlement can be read here.
In other news, Eli Lilly has reached a global settlement in the testosterone litigation filed against it and the judge has cancelled two upcoming trials. News of the settlement can be read here.