Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Technology
Vandana Singh

Johnson & Johnson Initiates Legal Action Against Entities Selling Fake HIV Medications

  • Johnson & Johnson (NYSE:JNJ) has filed the latest lawsuit to combat illicit sales of drugs in the U.S., alleging that several drug distributors and pharmacies are selling counterfeit versions of its HIV drugs.
  • J&J said in a suit that in some cases, bottles labeled as one drug were filled with pills of a different HIV medicine, writes Wall Street Journal.
  • In at least one instance, a bottle purporting to be HIV medication contained antipsychotic pills, J&J said in court documents. 
  • Related: Gilead Alleges Counterfeiting Network Sold Fake HIV Drugs.
  • J&J alleged in its suit that three drug distributors - SafeChain Solutions LLC, ProPharma Distribution LLC, and Scripts Wholesale Inc - have sold large quantities of counterfeit HIV medications. 
  • J&J alleged that several complaints of pills in the wrong bottle could be traced to SafeChain and Scripts and that ProPharma acknowledged possessing hundreds of bottles of J&J HIV medication that proved to be counterfeit. 
  • Price Action: JNJ shares closed at $184.73 on Tuesday.
  • Image by Tumisu from Pixaby
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.