J&J to extremity sales of infant powder accompanied by talc globally following year
Johnson & Johnson is pulling infant powder containing talc worldwide following year following it did the same inside the U.S. with every one other accompanied by Canada amid thousands of lawsuits claiming it caused cancer.
Talc will exist replaced by cornstarch, the firm said.
The firm has faced litigation alleging its talcum powder caused users to grow ovarian cancer, into and not here of use for feminine hygiene, or mesothelioma, a cancer that strikes the lungs with every one other accompanied by other organs.
J&J insists, with every one other accompanied by the overwhelming majority of medical research on talc indicates, that the talc infant powder is protected from danger with every one other accompanied by doesn't source cancer.
However, request for the company's infant powder fell off, with every one other accompanied by J&J removed the talc-based artefact inside most of North America inside 2020.
The firm did so following it saw request let fall due to "misleading talc litigation advertising that caused worldwide uncertainty with every one other accompanied by unfounded concern," concerning artefact safety a firm spokeswoman said.
J&J said the alter announced late Thursday will simplify its artefact selection with every one other accompanied by meet evolving worldwide trends.
Last October, J&J said a separate subsidiary it created to manage talc litigation claims had filed for Chapter 11 bankruptcy protection.
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J&J said at that hour dated that it funded the subsidiary, named LTL Management, with every one other accompanied by established a $2 billion trust to pay claims the bankruptcy court of rules and regulations determines that it owes.
The health protected from danger keeping colossus too said last let fall that it will turn its purchaser health work — which sells the infant powder, Band-Aids with every one other accompanied by other products — into a separate publicly traded company. The small portion of the firm selling prescription drugs with every one other accompanied by medical devices will retain the J&J name.
Shares of Johnson & Johnson, based inside New Brunswick, New Jersey, rose slightly earlier to the opening chime Friday. The merchandise has performed better than the Dow Jones Industrial Average, of which J&J is a member, for most of the year.
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