XM non fornisce servizi ai residenti degli Stati Uniti d'America.

First trial against Abbott over premature infant formula kicks off in Missouri



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>First trial against Abbott over premature infant formula kicks off in Missouri</title></head><body>

By Brendan Pierson

July 9 (Reuters) -The first trial against Similac baby formula maker Abbott ABT.N over claims that its formula for preterm infants used in neonatal intensive care units causes a potentially deadly bowel disease got underway with opening statements on Tuesday, as a lawyer for a mother suing the company urged jurors to hold it liable for her child's lifelong injuries.

Jake Plattenberger of TorHoerman, a lawyer for Illinois resident Margo Gill, told the St. Louis, Missouri state court jury that Abbott made "no attempt to tell physicians in a clear and direct way" that its products could cause necrotizing enterocolitis (NEC) in premature babies.

"They've known for a long time that there's a problem with this product," Plattenberger told the jury, saying the company was aware of studies showing that it increased the risk of the disease. Reuters watched the proceeding through Courtroom View Network.

NEC, which causes the death of bowel tissue, mostly affects premature newborns and has a fatality rate of between 15% and 40%. Gill's child, Robynn Davis, who developed NEC after being given Abbott premature infant formula while in a neonatal intensive care unit in 2021, survived, but suffered irreversible neurological damage because of her illness and will require long-term care, Plattenberger said.

James Hurst of Kirkland & Ellis, representing Abbott, said in his opening statement that Robynn's condition was caused by trauma at birth that deprived her brain of oxygen, long before she received formula. He said that formulas like Abbott's had saved many lives, and were in many cases necessary.

Like all of the lawsuits over NEC, the case involves formula and products for fortifying mother's milk given to infants in hospital settings, not ordinary formula available to consumers in stores.

Close to 1,000 lawsuits have been filed against Abbott and Enfamil formula maker Reckitt Benckiser RKT.L both in federal or state courts alleging that cow's milk-based formula products for premature infants caused NEC. More than 500 are centralized in an Illinois federal court, with others pending in Illinois, Missouri and Pennsylvania.

The lawsuits claim that the companies failed to warn that infants given their products are at greater risk of NEC compared to infants who are breast-fed or given donor milk or human milk-derived formula.

Reckitt, like Abbott, has said that its products for premature infants are life-saving and called the lawsuits meritless.

The first lawsuit to go to trial, against Reckitt in Illinois, ended with a $60 million jury verdict in March. Reckitt is appealing that verdict and has argued that the plaintiff's case relied on unsound expert testimony.

The litigation has concerned investors. Reckitt's share price fell about 15% after the verdict, and Abbott's about 4%. Both stocks have remained depressed, although analysts at JPMorgan and Barclays have said they believe the companies' ultimate liability is likely to be small.

The NEC Society, a patient-led non-profit organization working to combat the disease, has criticized the lawsuits, saying that "feeding decisions should be made at patients' bedsides, not in courtrooms."

NEC Society executive director Jennifer Canvasser, who founded the group after losing her own son to complications of NEC, said that the group has no financial relationship with Abbott or Reckitt.

The NEC lawsuits are separate from ongoing litigation against Abbott over the shutdown of its Sturgis, Michigan, plant and subsequent recall of batches of baby formula for possible contamination, which contributed to a nationwide formula shortage in 2022. There have been no trials in those cases.

The case is Gill v. Abbott Laboratories, 22nd Judicial Circuit of Missouri, No. 2322-CC01251.

For Gill: Jake Plattenberger of TorHoerman and others

For Abbott: James Hurst of Kirkland & Ellis and others


Read more:

Reckitt says many cases filed against baby formula makers

Reckitt unit hit with $60 million verdict in Enfamil baby formula case in Illinois


(Reporting By Brendan Pierson in New York)

</body></html>

Disclaimer: le entità di XM Group forniscono servizi di sola esecuzione e accesso al nostro servizio di trading online, che permette all'individuo di visualizzare e/o utilizzare i contenuti disponibili sul sito o attraverso di esso; non ha il proposito di modificare o espandere le proprie funzioni, né le modifica o espande. L'accesso e l'utilizzo sono sempre soggetti a: (i) Termini e condizioni; (ii) Avvertenza sui rischi e (iii) Disclaimer completo. Tali contenuti sono perciò forniti a scopo puramente informativo. Nello specifico, ti preghiamo di considerare che i contenuti del nostro servizio di trading online non rappresentano un sollecito né un'offerta ad operare sui mercati finanziari. Il trading su qualsiasi mercato finanziario comporta un notevole livello di rischio per il tuo capitale.

Tutto il materiale pubblicato sul nostro servizio di trading online è unicamente a scopo educativo e informativo, e non contiene (e non dovrebbe essere considerato come contenente) consigli e raccomandazioni di carattere finanziario, di trading o fiscale, né informazioni riguardanti i nostri prezzi di trading, offerte o solleciti riguardanti transazioni che possano coinvolgere strumenti finanziari, oppure promozioni finanziarie da te non richieste.

Tutti i contenuti di terze parti, oltre ai contenuti offerti da XM, siano essi opinioni, news, ricerca, analisi, prezzi, altre informazioni o link a siti di terzi presenti su questo sito, sono forniti "così com'è", e vanno considerati come commenti generali sui mercati; per questo motivo, non possono essere visti come consigli di investimento. Dato che tutti i contenuti sono intesi come ricerche di investimento, devi considerare e accettare che non sono stati preparati né creati seguendo i requisiti normativi pensati per promuovere l'indipendenza delle ricerche di investimento; per questo motivo, questi contenuti devono essere considerati come comunicazioni di marketing in base alle leggi e normative vigenti. Assicurati di avere letto e compreso pienamente la nostra Notifica sulla ricerca di investimento non indipendente e la nostra Informativa sul rischio riguardante le informazioni sopra citate; tali documenti sono consultabili qui.

Avvertenza sul rischio: Il tuo capitale è a rischio. I prodotti con leva finanziaria possono non essere adatti a tutti. Ti chiediamo di consultare attentamente la nostra Informativa sul rischio.