July 27, 2024 6:30 PM

Abbott must pay $495 million in premature infant formula trial, jury finds

A jury on Friday found that Abbott Laboratories' ABT.N 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...