Johnson & Johnson to pay $4.7B in damages to users of talc products

Johnson& Johnson was ordered Thursday to pay $4.7 billion to 22 women and their families who say the company's talcum powder contributed to their ovarian cancer. The New Brunswick, New Jersey-based company (NYS: JNJ) has faced charges that its talc-based products contain asbestos. The trial was brought forward by women who contend that J&J-branded baby powder contained the cancer-causing substance dating back at least to the 1970s. They also contend that J&J knew its talc was contaminated but …
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news