Laboratories

Missouri Jury Awards Mother $495 Million in Baby Formula Lawsuit Against Abbott Laboratories

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St. Louis, MO — A Missouri jury has ordered Abbott Laboratories to pay nearly a half-billion dollars in damages after finding that a baby formula produced by the company caused severe health issues in a newborn. The verdict awarded Margo Gill $95 million in compensatory damages and $400 million in punitive damages after her daughter suffered from a serious intestinal condition tied to the formula. The decision came after a lawsuit detailed how Gill’s daughter, identified only as R.D., was prematurely born on August 26, 2021, and later fed Similac, a formula by Abbott, at … Read more

$495 Million Verdict Against Abbott Laboratories as Jury Finds Baby Formula Linked to Severe Illness

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St. Louis, MO — Abbott Laboratories faced a significant financial blow after a St. Louis jury determined the company must pay $495 million in damages over claims that its baby formula contributed to a severe bowel condition in a premature infant. Following the announcement on Friday, shares of Abbott dropped by 5% in after-hours trading, signaling a rocky road ahead for the pharmaceutical giant. The lawsuit was filed by Illinois resident Margo Gill, who alleged that her premature daughter, Robynn, developed necrotizing enterocolitis (NEC) after being fed Abbott’s Similac formula. NEC is a dangerous gastrointestinal … Read more