J&J On The Run After Hiding Asbestos Contamination, Targeting Groups WIth Cancer-Causing Talc
“A Reuters examination of many of those documents, as well as deposition and trial testimony, shows that from at least 1971 to the early 2000s, the company’s raw talc and finished powders sometimes tested positive for small amounts of asbestos, and that company executives, mine managers, scientists, doctors and lawyers fretted over the problem and how to address it while failing to disclose it to regulators or the public.
The documents also depict successful efforts to influence U.S. regulators’ plans to limit asbestos in cosmetic talc products and scientific research on the health effects of talc.“
J&J’s damning documents and statements reported by Reuters only add to the corporation’s tainted public discovery. Last year, documents uncovered during a court case in St. Louis in which the corporation was ordered pay over $110.5 million to a Virginia woman who developed ovarian cancer after decades of using its talcum powder.
Jim Onder, the attorney for a plaintiff in another $55 million St. Louis J&J settlement case stated:
“The evidence is real clear that Johnson & Johnson has known about the dangers associated with talcum powder for over 30 years,” Onder said. “Instead of giving a warning, what they did was targeted the groups most at risk for developing ovarian cancer,” specifically marketing to overweight women, blacks and Hispanics.“
“Indian drug authorities visited some of Johnson & Johnson’s (JNJ.N) facilities on Wednesday and took “tests and samples” of its talcum powder, the company said in a statement.
The visits came as regulators in India launched an investigation into J&J’s Baby Powder following a Reuters report last Friday that the firm knew for decades that cancer-causing asbestos could be found in the product.
The company told Reuters in a statement that the facilities were visited by the Central Drugs Standard Control Organization (CDSCO) and some state-based food and drug administrations (FDAs).“
J&J said on Monday it planned to buy back up to $5 billion of its stock, after $40 billion was wiped from its market value following the Reuters report.