[ad_1]
The shares of Johnson & Johnson, the giant of hygiene and drugs, fell by 10% on Wall Street Friday. The huge drop in inventories came after Reuters announced that the company had known for 40 years that its powdered powder was contaminated with asbestos, which J & J has repeatedly denied. The company's sacred cow, which accounted for thousands of cases of ovarian cancer, again hit the company, erasing this time $ 40 billion ($ 156 billion) in market capitalization. J & J states that the information published by the agency in the United States is one-sided and false.
The agency information, based on confidential company notes, indicates that J & J was aware of the presence of small amounts of asbestos in its products since. 1971. The multinational has been the subject of several collective trials led by women who claim to have been victims of carcinogenic fiber and has accumulated 10,000 outstanding cases related in particular to its product Johnson's Baby Powder. In the midst of legal battles and the Reuters report, the company has recorded the largest percentage decline in the stock market over the past 16 years.
Reuters also reports that the company has commissioned and paid for studies in its Baby Powder franchise. "Any suggestion that Johnson & Johnson knows and conceals information about the safety of talc is false," the company said.
A few months ago, the largest health authority in the United States (FDA) study with product samples in which no asbestos was detected. This does not preclude a jury in St. Louis, Missouri, in July from ordering the company to pay $ 4.69 billion ($ 18 billion) to 22 women and their families, who blamed them for baby product.
Last year, a Los Angeles court also sentenced the multinational to pay $ 417 million ($ 1.6 billion) to a woman who had developed ovarian cancer after having used talc for years. powder According to the conviction, J & J had not sufficiently warned of the cancer risk badociated with the use of the products. The company was able to appeal the decision. "Science has won," said Bart Williams, a lawyer for the pharmaceutical giant.
Johnson & Johnson states that talc is safe and does not contain asbestos
In a note to EL PAÍS, the company said that the article published by Reuters in the United States was unilateral and false Read the entire statement:
Johnson & Johnson baby powder is safe and does not contain asbestos. Studies of more than 100,000 men and women show that talc does not cause cancer or asbestos-related diseases. Thousands of independent tests done by regulatory agencies and research laboratories around the world prove that our baby talc has never contained asbestos.
The Reuters report is incorrect on three central points:
- The story ignores that thousands of tests conducted by J & J, regulatory agencies, independent laboratories and academic institutions have repeatedly shown that our talc did not contain asbestos.
- The document does not know that J & J cooperated fully and openly with the US Food and Drug Administration. Administration – FDA) and other regulatory agencies, providing them with all the information requested over the decades. We also put our cosmetic talc mines and our processed talc at the disposal of regulatory bodies for testing purposes. Regulators have both tested and always stated that our talc did not contain asbestos.
- The material does not know that J & J has always used the most advanced test methods available to confirm that our cosmetic talc contains no asbestos. All methods available to test J & J asbestos on talc have been used by the company, regulatory bodies or independent experts, and all these methods have concluded that our cosmetic talc contains no asbestos. For more information, see: Talco Facts
Source link
