ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

LLY Eli Lilly and Co

740.00
-15.91 (-2.10%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Eli Lilly and Co NYSE:LLY NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -15.91 -2.10% 740.00 745.00 730.34 743.10 4,593,881 01:00:00

Brazilian Judge Fines Eli Lilly $451 Million for Worker Illnesses

09/05/2014 11:00pm

Dow Jones News


Eli Lilly (NYSE:LLY)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Eli Lilly Charts.

RIO DE JANEIRO--A Brazilian judge has fined U.S. pharmaceuticals firm Eli Lilly and its local subsidiary 1 billion reais ($451.2 million) after blood tests on former factory workers revealed heavy-metals poisoning, federal labor prosecutors said Friday.

The decision orders the company to pay for medical treatment of all employees, former employees and contractor workers who served more than six months at Lilly's plant in Cosmópolis. Judge Antonia Rita Bonardo also required the firm to cover medical treatment for the workers" children.

Eli Lilly's Brazilian unit said it would appeal the ruling.

The firm said the Cosmópolis plant, which it operated from roughly 1970 to 2000, was located in an area where agrochemicals were also produced. When it discovered an increase in the concentration of "byproducts of the productive process' near its factory, Eli Lilly voluntarily notified local regulators.

The firm said it didn't identify any heavy metals.

"There are specialist reports attesting that there is no scientific proof that the substances found may cause the alleged illnesses, much less cause irreparable damage to ex-employees or contractors," Eli Lilly said.

Labor prosecutors said that of 80 former Eli Lilly workers who submitted blood tests, only three didn't show signs of poisoning.

"I have heavy metals like lead, arsenic, aluminum, titanium and mercury in my bloodstream," said Elias Soares Vieira, an ex-employee, in the labor prosecutors' news release. "Because of that, I developed kidney cancer and had to have my right kidney removed, lost function of my left one and suffered liver damage."

Write to Paul Kiernan at paul.kiernan@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year Eli Lilly Chart

1 Year Eli Lilly Chart

1 Month Eli Lilly Chart

1 Month Eli Lilly Chart

Your Recent History

Delayed Upgrade Clock