Wednesday , December 8 2021

Johnson & Johnson knew their products had asbestos but hid it – 12/16/2018



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The shares in Johnson & Johnson, the giant of hygiene products and pharmacies, have fallen on Friday 10.4% on Wall Street, what was his Greater percentage decrease in more than a decade. All this after Reuters published that drug I knew that their talcum powder for infants contained asbestos.

J & J has met about 6000 cases claiming that their baby powder and shower shower products cause ovarian cancer.

The fall in stocks fell around $ 24 billion worth of the company and turned their shares into the biggest draw on the Dow Jones and S & P 500 indices.

According to Reuters, J & J was aware of the presence of small amounts of asbestos in their products since 1971, as evidenced by many internal reports and other confidential documents from the pharmaceutical company.

J & J was aware of the presence of small amounts of asbestos in their products since 1971

J & J was aware of the presence of small amounts of asbestos in their products since 1971

The report also showed that the company had ordered and paid for the studies in its Baby Powder franchise and hired a ghostwriter to rewrite the article that presented the results in a newspaper.

The company says, on the other hand, that the story is a "Absurd conspiracy theory"Since J & J, regulators and independent experts have used all available methods to check if J & J talk has asbestos and all these methods have shown that our cosmetic talk is free from asbestos."

Talc millionaire opinion to Johnson & Johnson for the death of a woman is not sold in Argentina

Talc millionaire opinion to Johnson & Johnson for the death of a woman is not sold in Argentina

J & J has met about 10,000 cases claiming that their products Baby Powder and Shower to Shower cause ovarian cancer. The products have also been linked mesothelioma, a rare and lethal form of cancer that affects the sensitive tissue that guides the body's voids.

A few months ago, the highest health authority in the United States, (the FDA, in its acronym in English) conducted a study of samples of the product where it did not detect the presence of asbestos. However, it did not stop a jury in Saint Louis, Missouri, from ordering the company in July to pay $ 4.96 billion to 22 women and their families, who had made her responsible for getting sick after using the baby product. The company appealed against the judgment.

Last year, a court in Los Angeles also condemned the multinational to pay $ 417 million to a woman who developed ovarian cancer after use of talcum powder for several years. The conviction argued that Johnson & Johnson does not adequately warn of cancer risk associated with the use of products. This decision was successfully appealed by the company. "Science was introduced," says Bart Williams, the drug giant's attorney. On Wall Street this Friday, investors' skepticism went on.

Source: La Vanguardia and El País

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