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Statement On $147M Verdict for AMDR Member Innovative Health Against Johnson & Johnson's Biosense Webster Medical Technology Unit

1. A jury ruled against JNJ for antitrust violations impacting hospitals. 2. The verdict benefits Innovative Health and may affect JNJ's operations.

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FAQ

Why Bearish?

The verdict poses regulatory risks for JNJ, akin to past antitrust cases affecting market perception and share prices.

How important is it?

The case raises significant legal concerns for JNJ, particularly in antitrust matters that could impact its market position.

Why Short Term?

Immediate market reaction may occur as investors assess potential implications and legal ramifications following the verdict.

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WASHINGTON & BERLIN--(BUSINESS WIRE)--Association of Medical Device Reprocessors issued the following statement: Friday's unanimous verdict by a federal jury in Santa Ana, California for Innovative Health against Johnson & Johnson (NYSE: JNJ) is a victory for America's hospitals, providers, patients, and the environment. The jury found that Biosense Webster violated federal and state antitrust laws by withholding clinical support to hospitals using Innovative Health's FDA regulated, reproce.

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