Abbott Laboratories to Pay $670 Million to Settle Cases, Claims over Its Formula for Premature Babies
The deal resolves claims from about 2,000 plaintiffs and includes a $495 million verdict after an appeals court upheld the judgment.
- On Thursday, Abbott Laboratories agreed to pay $670 million to resolve the Gill case and claims involving approximately 2,000 individuals alleging its preterm infant formulas cause necrotizing enterocolitis.
- Abbott maintains the safety of its specialty formulas, stating the settlement is not an admission of liability and that these products remain essential for preterm infants lacking access to human milk.
- The American Academy of Pediatrics maintains preterm infant formula is "an indispensable component of neonatal medicine," arguing that feeding decisions should be made by clinical care teams, not in courtrooms.
- Despite this settlement, Abbott continues to face approximately 1,700 lawsuits nationwide involving claims on behalf of 12,700 infants, though recent court rulings have favored preterm formula manufacturers.
- While the exact cause of necrotizing enterocolitis remains unclear, Abbott continues to work identifying and eliminating invalid claims from individuals never diagnosed with the disease or appearing in multiple jurisdictions.
30 Articles
30 Articles
Abbott Labs to pay $670 million to settle 2,000 baby formula lawsuits
Abbott Labs to pay $670 million to settle 2,000 baby formula lawsuits Click this link for the original source of this article. Author: Legal News Line This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered by the...
Abbott to pay $670 million to settle some preterm infant formula cases - Regional Media News
By Dietrich Knauth Aug 20 (Reuters) - Abbott said on Thursday it reached a $670 million settlement to partially resolve the ongoing litigation over alleged harms linked to its specialty formulas for preterm infants. The settlement was agreed to by three law firms representing about 2,000 people with claims against Abbott, including one Illinois mother who won a $495 million judgment in 2024 after a jury concluded that Abbott's formula caused her…
Coverage Details
Bias Distribution
- 56% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
