Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

Johnson & Johnson ordered to pay US$4.7bn in damages to women in talc cancer case

The women alleged J&J knew its talc contained asbestos since the 1970s and covered up the evidence
Johnson & Johnson
Johnson & Johnson says it is 'deeply disappointed in the verdict'

Johnson & Johnson (NYSE:JNJ) has been ordered to pay US$4.7bn to 22 women who claim the company’s talc products contain asbestos that caused them to develop ovarian cancer.

Following a six-week trial at a court in the US state of Missouri, the jury in the ruled in favour of the women who were awarded US$500mln in compensation and US$4.1mln in punitive damages.

Mark Lanier, the lawyer representing the women, said J&J knew its talc contained asbestos since the 1970s and covered up the evidence.

"We hope this verdict will get the attention of the J&J board and that it will lead them to better inform the medical community and the public about the connection between asbestos, talc, and ovarian cancer," he said.

Johnson & Johnson to appeal verdict

J&J denies the allegation and plans to appeal the court decision after successfully overturning previous cases.

“Johnson & Johnson is deeply disappointed in the verdict, which was the product of a fundamentally unfair process," it said in a statement.

"Every verdict against Johnson & Johnson in this court that has gone through the appeals process has been reversed and the multiple errors present in this trial were worse than those in the prior trials which have been reversed."

READ: J&J hit with US$21.7mln verdict in second talcum powder-cancer trial

The group, which is battling another 9,000 cases involving its baby talcum powder, claims studies have shown the products to be safe.

Studies on talc give contradictory results

The US Food and Drug Administration commissioned a study that collected a variety of talc samples, including J&J’s baby powder, from 2009 to 2010 that found no asbestos in any of them.

However, there are some studies that have linked the use of talcum powder to cancer risk. The International Agency for Research on Cancer classifies talc used on the genitals as “possibly carcinogenic” due to mixed evidence.

Mineral talc in its natural form contains asbestos that causes cancer but studies on asbestos-free talc used in baby powder and other cosmetics give contradictory results. 

View full JNJ profile View Profile

Johnson & Johnson Timeline

Related Articles

November 29 2017
The company has developed a "unique and superior pressure" cycling technology (PCT), says Zacks.
myLotus kit
August 06 2018
The expansion drive is targeting an estimated 2.3mln women per year in the areas of Hebei, Shanghai, Beijing, Shangdong, Henan and Liaoning
April 12 2018
Mission is to make stem cell treatments accessible and affordable to as many people as possible

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use