Abbott must pay $495M in damages after girl develops dangerous disease from premature infant formula
Abbott(ABT) New York Post·2024-07-27 01:55
A jury on Friday found that Abbott Laboratories’ specialized formula for premature infants caused an Illinois girl to develop a dangerous bowel disease, ordering the healthcare company to pay $495 million in damages.The verdict in St. Louis, Missouri state court comes in the first trial against the company out of hundreds of similar claims over the formula pending in courts around the country, which Reuters viewed via Courtroom View Network.Illinois resident Margo Gill, who brought the case against Abbott, ...