Abbott, Reckitt Benckiser’s Mead Johnson NEC Litigation: BI Webinar
Holly Froum, BI Litigation Analyst, will discuss federal and state litigation against Abbott and Reckitt's Mead Johnson over claims preterm infant formula causes necrotizing entereocolitis (NEC) in preterm infants. She will talk about a Sept. 30 trial that’s to be held in the same jurisdiction that delivered a $500 million verdict against Abbott, potential exposure and other key dates in the litigation. Diana Gomes, Senior Consumer Health Analyst, will discuss implications and valuation scenarios of a potential sale of Mead Johnson (leading US baby formula business, with £2.4 billion in 2023 revenue), as Reckitt is reviewing exit options to bolster its margin.