Breaking: Johnson & Johnson shares fell about 5% after the company recalled one lot of baby powder because the FDA found a trace amount of asbestos in a bottle
By Peter Loftus Updated Oct. 18, 2019 1:44 pm ET Johnson & Johnson JNJ -5.54% said it recalled one lot, about 33,000 bottles, of its Johnson’s Baby Powder because the U.S. Food and Drug Administration found a small amount of asbestos in a single bottle, a discovery likely to fuel existing concerns about the safety of the famous product.
Admission of an asbestos taint could complicate J&J’s defense against talcum-powder lawsuits in particular, since the company has been arguing that it hasn’t detected asbestos in decades of testing. J&J says numerous tests over the past 40 years showed no asbestos in its baby powder, that its talc products are safe and don’t cause cancer. J&J has won some cases at trial but has lost some costly verdicts in other talc trials.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Johnson & Johnson to recall 33,000 bottles of baby powder after asbestos foundJohnson & Johnson says it is recalling around 33,000 bottles of baby powder after US health regulators found trace amounts of asbestos in samples taken from a bottle purchased online.
Read more »
Johnson & Johnson to recall some baby powder as FDA finds traces of asbestosJohnson & Johnson to recall around 33,000 bottles of baby powder after U.S. health regulators find traces of asbestos
Read more »
Johnson & Johnson's stock drops after baby powder recallShares of Johnson & Johnson swung to a 2.6% decline in premarket trading Friday, after the consumer products and drug company said it was recalling...
Read more »
J&J to recall some baby powder as FDA finds traces of asbestosJ&J said that it would recall a single lot of its baby powder in the U.S. after the FDA found trace amounts of asbestos in samples taken from a bottle purchased online.
Read more »
Recall: FDA Sees Trace Asbestos in J&J Baby PowderJohnson & Johnson said FDA testing as recently as last month found no trace of asbestos. The company says the FDA's most recent test found 'sub-trace levels' of asbestos in samples from a single bottle.
Read more »
J&J to recall single lot of baby powder as FDA finds traces of asbestosJohnson & Johnson to recall single lot of baby powder as FDA finds traces of asbestos
Read more »