Johnson & Johnson shares dip after massive talcum powder judgment

Women Claimed Johnson & Johnson's Talc Powder Gave Them Cancer. They Just Won $4.7 Billion in Damages

Johnson & Johnson is deeply disappointed in the verdict, which was the product of a fundamentally unfair process that allowed plaintiffs to present a group of 22 women, most of whom had no connection to Missouri, in a single case all alleging that they developed ovarian cancer.

After announcing that award, the jury deliberated further and added $4.14 billion in punitive damages against the company. Johnson & Johnson sought to protect the image of Baby Powder as "their sacred cow", he said. Johnson & Johnson sold the product to Valeant Pharmaceuticals International in 2012.

The women claimed their ovarian cancer was caused by exposure to asbestos allegedly found in the baby powder.

The company has had a better record with judges than juries in the ovarian cancer cases. There are thousands of cases now making their way through court systems all around the country. All of those cases are in various stages of appeal. But that 2017 verdict by a California jury, as well as other verdicts in Missouri, was overturned on appeal, and challenges to at least another five verdicts are pending. Goodrich predicted the verdict would be reversed. Two of those plaintiffs' verdicts, one for US$72 million and the other for US$55 million, have been erased on appeal on jurisdictional grounds.

The science is still up for debate.

The verdict is the largest J&J has faced to date over allegations that its talc-based products cause cancer.

Blue whale SLAUGHTERED by Icelandic hunters - ‘UNACCEPTABLE TRAGEDY’
If it is a blue whale, it will be the first time a member of that species has been harpooned in half a century. Loftsson's whaling station crew posed for photos next to and on top of the whale.

Plurality of Britons Support Trump Visit to UK
Two senior ministers resigned in protest this week at her plans for trade with the European Union after Britain leaves the bloc next March.

China vows to 'fight back' after U.S. threaten $200bn tariffs on goods
Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross and Vice Premier Liu He in China. It said Beijing would take unspecified "necessary countermeasures" to protect its "core interests".

Suing in clusters also maximises the emotional effect of the women's stories on juries, Mr Lanier said. Other studies have not shown a connection. A 2013 review of American studies involving 18,000 women had similar results for genital talcum powder use, but not general use. In the U.S., government agencies and medical associations that track what causes cancer believe the topic needs more research to know for sure.

A separate but related set of lawsuits suggest Johnson & Johnson's powder is contaminated with asbestos. "Then someone at J&J decides to expose babies to asbestos?" Johnson & Johnson remains confident that its products do not contain asbestos and do not cause ovarian cancer and intends to pursue all available appellate remedies. Deane Berg had used the company's baby talcum powder for more than 40 years and discovered she had developed ovarian cancer in 2006.

Meanwhile, the plaintiffs' lawyer, Mark Lanier, said in a statement that J&J should either pull its talc products from shelves or mark them with a "serious warning".

Doctors have noticed that talc particles have been in cancer tumors for decades, but it's been unclear how the contamination happened and if it led to the cancer.

Johnson & Johnson, which is now battling some 9,000 legal cases involving its signature baby powder, said it was "deeply disappointed" and planned to appeal.

Related News:

  • Marvel hires female director for upcoming Black Widow film

    Marvel hires female director for upcoming Black Widow film

    Marvel Studios reportedly met with 70 to 75 different directors for the project, with a female director being seen as a priority. Scarlett Johansson will team up with writer/director Cate Shortland for her stand-alone Black Widow movie .
    Newborn killed, dozens hurt by North Dakota tornado

    Newborn killed, dozens hurt by North Dakota tornado

    Officials confirmed an F-2 tornado touched down in the Prairie View RV Park after an assessment on Tuesday afternoon. Dozens were injured in an RV park in Watford City, North Dakota, when tornado caused widespread destruction.
    Prince Harry buys 1926 first edition of Winnie-the-Pooh for Louis

    Prince Harry buys 1926 first edition of Winnie-the-Pooh for Louis

    While many famous royal faces will gather for Prince Louis' christening today, Queen Elizabeth II won't be one of them. The Duke of Sussex reportedly purchased a first edition copy of "Winnie-the-Pooh" by AA Milne for his youngest nephew.
  • U.S.  salmonella outbreak: 'Do not eat Honey Smacks,' shoppers told

    U.S. salmonella outbreak: 'Do not eat Honey Smacks,' shoppers told

    The Food and Drug Administration says retails still can not legally sell Kellogg's Honey Smacks cereal following a recall. Pennsylvania (8), MA (7), and California (6) have the most cases, but illnesses are widespread and affecting all ages.

    Don't be surprised if you lose followers — Twitter purge

    Twitter shares fell 5 percent on Monday on concern that removing millions of fake accounts would impede user growth. Controversial blogger, Cyprian Nyakundi , has lost quite a lot of followers, from over 1 million to now below 700K.
    Thai navy SEALS reveal incredible footage of daring cave rescue

    Thai navy SEALS reveal incredible footage of daring cave rescue

    The exact mechanics of the rescue bid were closely guarded during the operation, but details have since dribbled out. Mr Jewell said it was very hard to judge how close it came to being a very different outcome.
  • Dan Martin powers to Tour stage victory

    Dan Martin powers to Tour stage victory

    He was then handed a 20-second penalty by the race jury for staying too long in his team car's slipstream. Van Avermaet, a BMC support rider for Porte, kept the yellow jersey for a third straight day.

    Donald Trump: May presses case for USA trade deal at dinner

    President Donald Trump has arrived in the U.K.to begin his first visit to the country as America's commander-in-chief. Trump also expressed disappointment with May's handling of Britain's withdrawal from the EU.
    Man with no arms arrested for stabbing Chicago tourist

    Man with no arms arrested for stabbing Chicago tourist

    According to the Miami Herald , the homeless man is a fixture in the South Beach area, known for painting with his feet. Crenshaw has an extensive criminal past, including battery of law enforcement officers, according to local police.
  • London protests against Donald Trump kick off with 'Trump baby' blimp

    London protests against Donald Trump kick off with 'Trump baby' blimp

    The Queen will meet Mr Trump and first lady Melania Trump at the dais in the quadrangle of the historic royal residence on Friday. Britain's former Foreign Secretary Boris Johnson arrives for a Cabinet meeting in London, May 1, 2018.
    Fiat staff to strike over Cristiano Ronaldo’s £88 million Juventus move

    Fiat staff to strike over Cristiano Ronaldo’s £88 million Juventus move

    The union urged Fiat owners to invest in its workforce to bolster the finances of "thousands of people instead of only one". As captain of the Portuguese team in the 2018 World Cup, he scored four goals, including a hat-trick against Spain.
    Trump tweets 'very nice note' from Kim

    Trump tweets 'very nice note' from Kim

    State Department spokeswoman Heather Nauert said North Korea called at midday Thursday and offered to meet on Sunday instead. About 100 wooden transport cases were sent to the DMZ in recent weeks to prepare for receiving US troop remains.


Most liked

Does Katy Perry Still Have the Most Followers — Twitter's Biggest Losers
As Twitter continues to rid its platform of suspicious accounts, many users, including influential profiles like U.S. Twitter said owners of accounts will not be able to log in unless they validate the accounts and reset passwords.

Jeremy Lin traded by Brooklyn Nets to Atlanta Hawks
Faried, 28, played in 32 games (seven starts) for Denver last season, averaging 5.9 points and 4.8 rebounds. Lin joins rookie point guard Trae Young and veteran Dennis Schroder in a crowded back court with the Hawks.

Tesla hits 200,000 cars, meaning a lower tax credit for EV buyers
Vehicles delivered between January 1 and June 30 of 2019 will qualify for $3,750 in credit. It's a hurdle that's heavily dependent on the specific configuration you want to order.

Watch the 2018 Emmy Awards nominations live
It was a deep year of nominations for minority performers, who accounted for over one-third of Thursday's acting nominees. The company spends about $8 billion a year on new shows and films, far exceeding HBO and other competitors.

Israel to launch rocket to the moon in December
The competition officially ended with no victor on March 31, with Google announcing that it would no longer sponsor it. This process will be executed autonomously by the spacecraft's navigation control system, project team members said.

Common heart drug recalled due to contamination with possible carcinogen
Pharmacies are therefore instructed to remove the affected medications from their stock and quarantine them. The products are sold globally, which has led to a worldwide recall on a country-by-country basis.

Xherdan Shaqiri arrives at Liverpool for medical ahead of Stoke move
Reports have varied about the fee involved but the ECHO understands that the figure is £13million. Liverpool face fresh competition to close the signing of Stoke City attacker Xherdan Shaqiri .

Hurricane Chris forms; not expected to make US landfall
Maximum sustained winds settled near 100 miles per hour , and the storm was not expected to gain strength the rest of today. Bookmakers Ladbrokes has been taking bets on wet weather records being broken as Storm Chris bears own on the UK.

France, Italy reject Trump's claim on North Atlantic Treaty Organisation spending boost World 08:51
Amid reports that he had threatened to pull out of the alliance due to the dispute, Mr Trump said the USA had a strong commitment. The new communique says 24 allies will meet the 20% guideline by 2024. "So he knows what he's signed up to", Macron said.

Federation Internationale de Football Association investigate possible discriminatory chants by England fans
Three games at the U-17 FIFA World Cup in 2013 preceded a call-up the following year for the World Cup in Brazil. In 2017 he took charge of the FIFA Confederations Cup semi-final fixture between Germany and Mexico.

Emmys 2018 snubs, from Meghan Markle to Emilia Clarke
Only one acting category, supporting actor in a drama series , had all-white nominees. The top comedy nominee is Donald Glover 's Atlanta , with 16.

Here’s the heartwarming story of why the Gboard Morse Code option exists
Once Gboard is enabled as the default keyboard on your iOS device, you need to switch to the Morse Code input method. Google just released a new set of tools for Morse Code, including a game that can help you learn the method.

British diver: We are not heroes after Thai cave rescue
Every day, at around 8:30 a.m., the global coalition of divers would come together with Thai navy commanders. A movie about the Thai rescue could be made for less, Medavoy said, because filming in Thailand is cheaper.

Israel To Land First Spacecraft On Moon In 2019
Its main objective is transfer of photos and videos of the area on the Ground, and the measurement of the magnetic field. The competition, however, ended with no victor on March 31, when Google announced that it would no longer sponsor it.

Chemical explosion outside Cairo airport injures 12
A number of local tweets poured in with users claiming to have heard a loud explosion followed by the sounds of ambulances. The bomb eventually exploded, killing everyone on board.