Overall, the company is facing over 15,000 legal proceedings from consumers claiming its talc (the ... [+] main ingredient in baby powder) gave them cancer. The FDA finding asbestos in the baby powder will make it harder for J&J to continue to say it believes its talc powders are asbestos-freeReuters reported that Johnson & Johnson also said previous FDA tests of its baby powder did not find asbestos. But Johnson & Johnson did recall a single lot of 33,000 baby powder bottles Friday “out of an abundance of caution,” according to a company spokesperson. Tangent: Johnson & Johnson was ordered by a jury on October 8 to pay $8 billion for wrongfully pushing doctors to prescribe an antipsychotic drug. Further reading:Johnson & Johnson CEO Testified Baby Powder Was Safe 13 Days Before FDA Bombshell (Reuters)

Source: Forbes October 23, 2019 13:06 UTC