Bausch Strauss

About Bausch Strauss

Various pharmaceutical companies have filed for bankruptcy due to product liability. Johnson and Johnson faces tens of thousands of talc and opioid lawsuits but has the resources to settle without bankruptcy. Bayer faces Roundup cancer lawsuits after acquiring Monsanto. Endo International and Mallinckrodt filed for bankruptcy due to opioid liability. Purdue Pharma filed due to OxyContin liability. These cases demonstrate how pharmaceutical product liability can exceed companies ability to pay. The talc, opioid, and Roundup litigation has cost defendants over 50 billion collectively. Some legal scholars argue that bankruptcy should not be available to companies facing product liability claims because it allows defendants to escape full accountability. The debate over mass tort bankruptcies continues.