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J & J also faces a number of civil lawsuits that argue that the company's talc-based products are causing ovarian cancer. (Photo by Justin Sullivan)
Getty Images
Topline: Federal authorities have opened a criminal investigation to determine whether pharmaceutical giant Johnson & amp; Johnson lied to the public about the possible cancer risks of his talcum powder for cancer, Bloomberg reported On Friday, the escalating scandal that plagued the company for years was the subject of several civil lawsuits brought by clients claiming that Baby Powder was responsible for their ovarian cancer.
- A Washington grand jury is reviewing documents indicating whether J & J knew that its talc-based products, such as Baby Powder, contained carcinogens, according to the report. Bloomberg.
- J & amp; J was sued over 13,000 times for not informing his clients that his talcum powder contained asbestos, which causes a form of ovarian cancer called mesothelioma.
- J & J shares fell by more than 4% as a result of the Bloomberg report. & nbsp;
The Ministry of Justice declined to comment.
Ernie Knewitz, a spokeswoman for J & J, said in a statement that the company had already indicated that she had received subpoenas in February and that she "cooperated fully with him." DOJ investigation ".
"… Johnson's baby powder does not contain asbestos and does not cause cancer, as confirmed by decades of independent clinical data. The assertion that there has been a new development in this case is totally false, "Knewitz said.
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J & J also faces a number of civil lawsuits that argue that the company's talc-based products are causing ovarian cancer. (Photo by Justin Sullivan)
Getty Images
Topline: Federal authorities have opened a criminal investigation to determine whether drug giant Johnson & Johnson lied to the public about the possible cancer risks of its talcum powder for cancer, Bloomberg reports Friday, escalating a scandal that has raged for years in the company, which faces several civil lawsuits brought by customers who claim that Baby Powder was responsible for their cancer of the ### ## # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # 39; ovary.
- A grand jury in Washington is reviewing documents indicating whether J & J knew that its talc-based products, such as Baby Powder, contained carcinogens, according to the report. Bloomberg.
- J & J was sued over 13,000 times for not informing clients that its talcum powder contained asbestos, which causes a form of ovarian cancer called mesothelioma.
- J & J shares fell by more than 4% as a result of the Bloomberg report.
The Ministry of Justice declined to comment.
Ernie Knewitz, a spokeswoman for J & J, said in a statement that the company had already indicated that she had received subpoenas in February and that she "cooperated fully with him." DOJ survey.
"… Johnson's baby powder does not contain asbestos and does not cause cancer, as confirmed by decades of independent clinical data. The assertion that there has been a new development in this case is totally false, "Knewitz said.