Malaysian healthcare group IHH Healthcare Berhad said on January 5 Emqore Envesecure Private Capital Trust is seeking in excess of $6.5 billion in damages from it and more than two dozen named defendants in a lawsuit.
An alleged plan by Johnson & Johnson to spin off a company solely responsible for J&J’s talc-based products in order to mitigate lawsuit damages is still on the table following a ruling by a federal judge.
