A federal grand jury in Washington is trying into what Johnson & Johnson officers knew concerning the most cancers dangers within the firm’s Child Powder-brand talcum powder and different merchandise, in accordance with a report.
The New Jersey-based firm is the topic of a U.S. Division of Justice legal investigation in addition to a regulatory probe amid allegations from hundreds of most cancers sufferers that J&J merchandise performed a job of their diseases, Bloomberg reported final week.
The corporate is going through greater than 14,000 lawsuits alleging that J&J talc merchandise triggered folks’s ovarian most cancers or mesothelioma, a situation linked to asbestos, the report mentioned.
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In the meantime, a J&J spokeswoman instructed Bloomberg that the corporate was “fully cooperating” with the Justice investigation. She additionally denied that the corporate’s Child Powder incorporates asbestos or causes most cancers, and mentioned the corporate’s place is “supported by decades of independent clinical evidence.”
However lately practically a dozen juries have concluded that J&J knew a few of its Child Powder and Bathe-to-Bathe merchandise contained asbestos and didn’t make the data obtainable to customers, the report mentioned. Such circumstances have price J&J greater than $5 billion in payouts to plaintiffs, the report mentioned.
J&J has since offered the Bathe-to-Bathe model to a different firm that has an settlement with J&J defending it from any asbestos lawsuits linked to the model, in accordance with Bloomberg.
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In March, a jury in California awarded $29 million to a girl who claimed J&J merchandise triggered her terminal most cancers.
Final December, J&J shares suffered their worst loss in 16 years after Reuters reported the corporate knew for many years about asbestos content material in its merchandise. The corporate forcefully denied the veracity of the Reuters report.
The Related Press contributed to this report.