JOHNSON & JOHNSON BATTLES LAWSUITS OVER TALC-BASED BABY POWDER AND PROMOTING ADDICTIVE OPIOID DRUGS
NEW BRUNSWICK, NJ–Johnson & Johnson (J&J) is now the subject of a U.S. Justice Department (DOJ) probe into whether it lied to consumers regarding potential cancer risks of its namesake talc-based baby powder, according to reports.
Yet the Hub City-based health-care giant has been fighting back quite hard. A recent regulatory filing showed it allotted $190 million for talc-related defense costs during a recent three-month business quarter.
While civil settlements over talc lawsuits could reportedly cost J&J some $15 billion to defend itself, the consumer giant “says it has no liability because [its] products are safe,” reports Bloomberg News.Continue reading “Between Baby Powder and Opioid Lawsuits, J&J Says It Will Defend Itself in About 16,000 Cases”