Delaware Judge Rules Johnson & Johnson Owes Auris Health Inc $1B In Damages Over 2019 Health Robot Deal
Portfolio Pulse from Benzinga Newsdesk
A Delaware judge has ruled that Johnson & Johnson must pay $1 billion in damages to Auris Health Inc. over a 2019 health robot deal.
September 04, 2024 | 2:53 pm
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Johnson & Johnson has been ordered to pay $1 billion in damages to Auris Health Inc. due to a legal ruling over a 2019 health robot deal.
The legal ruling against Johnson & Johnson for $1 billion in damages is significant and could negatively impact the company's stock price in the short term due to the financial liability and potential reputational damage.
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