(Reuters) - Johnson & Johnson will stop selling its talc Baby Powder in the United States and Canada, it announced on Tuesday, saying demand had fallen in the wake of what it called "misinformation" about the product's safety amid a barrage of legal challenges. Big Banks, Coronavirus Drugmakers Say Not So Fast, J&J Pauses Coronavirus Vaccine Trial: ETFs That May Take a Hit, 'Halftime Report Traders' Share Their Thoughts On Target, Johnson & Johnson And More, Last Photos Of The Romanov Family Have Resurfaced, Eli Lilly and Johnson & Johnson have paused COVID-19 vaccine trials. PH1002146 - J J Family Size Baby Powder, 22 oz. Johnson & Johnson will pay more than $100 million to settle over 1,000 lawsuits that allege the company’s Baby Powder caused cancer, Bloomberg News reported on … Johnson's Baby Powder with Naturally Derived Cornstarch Aloe & Vitamin E, Hypoallergenic, 15 oz. Johnson & Johnson will have to pay more than $140 million to settle over 1000 lawsuits that claim the company’s baby powder caused cancer. Top subscription boxes – right to your door, © 1996-2020, Amazon.com, Inc. or its affiliates. Many are pending before a U.S. district judge in New Jersey. The stock has been stuck in a trading range for more than two and a half years. Our baby powder keeps skin comfortable, dry & feeling soft. It isn't wavering on that stance. Asbestos is known to cause cancer that emerges decades after exposure. Johnson & Johnson will pay out over $100 million to settle more than 1000 lawsuits that claim the pharmaceutical giant’s baby powder caused cancer, according to a Bloomberg report. J&J has also been the target of a federal criminal investigation into how forthright it has been about its talc products' safety, an investigation by 41 states into its baby powder sales, which it disclosed in April, and an investigation into health risks of asbestos in talc-containing consumer products by a Congressional subcommittee. 90 ($0.99/Ounce) FREE shipping on orders over $35. Johnson & Johnson has announced that it's initiating a voluntary recall in the United States of a specific lot of its popular Johnson's Baby Powder due to low levels of asbestos contamination. Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. Apply dermatologist-tested Johnson's® baby powder to baby’s skin to gently absorb excess moisture, leaving skin feeling soft, and smooth. (Reporting by Carl O'Donnell in New York and Lisa Girion in Los Angeles; Additional reporting by Tina Bellon and Sheila Dang in New York; Editing by Peter Henderson/Bill Berkrot/Rosalba O'Brien,/Lincoln Feast/Pravin Char), S&P 500 Slumps: Oil Stocks Say We Got This! They added a fragrance that would become one of the most recognizable in the world, sifted the talc into tin boxes and, in 1893, began selling it as Johnson’s Baby Powder. In its statement, J&J said it "remains steadfastly confident in the safety of talc-based Johnson's Baby Powder," citing "decades of scientific studies.". 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. Johnson’s Baby Powder grew out of a line of medicated plasters, sticky rubber strips loaded with mustard and other home remedies. In August, an Oklahoma judge rendered the first verdict in that litigation, ordering J&J to pay $572.1 million to the state for its part in fueling an opioid epidemic by deceptively marketing addictive painkillers. Johnson & Johnson has announced that it's initiating a voluntary recall in the United States of a specific lot of its popular Johnson's Baby Powder due to low levels of asbestos contamination. Topline. Alexandra Lahav, a law professor at the University of Connecticut, said J&J's decision could help the company reduce the amount of punitive damages by jurors in future trials, however, as those awards are frequently driven by jurors' desire to punish a company's ongoing conduct. "We will continue to vigorously defend the product, its safety, and the unfounded allegations against it and the Company in the courtroom," Johnson & Johnson said. Coker died of the cancer in 2009. In April, a New Jersey judge ruled that thousands of plaintiffs who allege J&J's talc products caused cancer can go forward with their claims, but face limits on what expert testimony would be allowed in trials. 4.5 out of 5 stars 29. "All verdicts against the company that have been through the appeals process have been overturned.". After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in.

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