nypost.com/2022/08/11/johnson-johnson-to-end-global-sales-of-talc-baby-powder
Johnson & Johnson will stop selling talc-based baby powder globally in 2023. In 2020, J&J announced that it would stop selling its talc Baby Powder in the United States and Canada. The company faces about 38,000 lawsuits from consumers and their...

The company faced costs from $3.5 billion in verdicts and settlements. A 2018 Reuters investigation found that J&J knew for decades that asbestos, a carcinogen, was present in its talc products. The company spun off subsidiary LTL Management in October.

Internal company records, trial testimony and other evidence showed that from at least 1971 to the early 2000s, J&J’s raw talc and finished powders sometimes tested positive for small amounts of asbestos. In response to evidence of asbestos contamination presented in media reports, in the court room and on Capitol Hill, J & J has repeatedly said its talc products are safe, and do not cause cancer.
Posted by
moneytree
Tap to Copy the Short Url to This Post:
bto.sh/ccadw4an 
One-Stop Business News backed by Mark Cuban. Free to Use →