J&J Vows to Fight Verdict Linking Baby Powder to Ovarian Cancer


CEO and chairman Alex Gorsky vowed during a second-quarter earnings call on Tuesday, July 17, to fight a Missouri state court judgment handed down July 12 , in which 22 women were awarded $4.69 billion in a class action that alleged the company's talc-based baby powder products contained asbestos and caused them to develop ovarian cancer. Asbestos is a known carcinogen, according to the Centers for Disease Control and Prevention, and exposure to it can cause such life-threatening diseases as lung cancer, asbestosis and mesothelioma.



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