In closing arguments on Wednesday, plaintiff's lawyer Timothy Cronin asked jurors for $6 billion in punitive damages.

The Whitfield family legal case was just one of many still pending relating to the necrotizing enterocolitis (NEC) disease.

By Brendan Pierson (Reuters) -Abbott and Reckitt unit Mead Johnson are not responsible for a young boy's debilitating ...

A lawyer for a Missouri mother on Wednesday asked a jury to make Abbott and Reckitt's Mead Johnson pay a total of more than ...

The ruling by a Missouri state court jury is a rare legal win for Abbott Laboratories, maker of Similac formula, and Reckitt, ...

Abbott (ABT) and Reckitt Benckiser’s (RBGLY) unit Mead Johnson are not responsible for a young boy’s debilitating intestinal ...

Shares in Reckitt Benckiser topped the Stoxx Europe 600 Index after a U.S. court cleared the company of liability in a case ...

A St. Louis jury handed Abbott Laboratories a win Thursday, deciding that Abbott, another company and a hospital were not ...

The infant formula manufacturers were facing $6.2bn in punitive damages over allegations their infant formula products caused ...

Marie Thibault, an analyst from BTIG, reiterated the Buy rating on Abbott Laboratories (ABT – Research Report). The associated price ...

The lawsuit alleged that Mead Johnson, which makes baby formula, had failed to warn that its products could cause the illness ...

The trial was the first against both Mead Johnson and Abbott over cow's milk-based infant formula that lawsuits allege causes necrotizing enterocolitis, or NEC, in premature babies. Previous ...