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J & J must pay $ 300 million punitive award in talk case




Johnson and Johnson have to pay a $ 300 million price to a woman due to her rare asbestos-related cancer on the company's talk-based products, the company confirmed Friday.

J & J will pay a total of $ 325 million in case. A New York State Jury earlier this month received $ 25 million for the woman Donna Olson, 66, and her husband in compensatory damages.

J & J is over 13,000 talented litigation cases. The consumer product company, which does everything from Tylenol to Aveeno lotion, denies the claim that the talc is causing cancer. It said many studies and tests of regulators around the world have shown that its talc is safe and asbestos-free.

"This attempt led to significant legal and evidence errors that Johnson & Johnson believe will warrant a recall in appeal," J & J said in a statement to CNBC. "Decades of independent expert and academic institution testing repeatedly confirm that Johnson's Baby Powder does not contain asbestos or cancer."

J & J launched its iconic baby name baby product line last summer to reverse a decline in J & J's child welfare. While it was reliable for decades, the 1[ads1]24-year-old brand had been out of touch with consumers, namely millennial mothers, who opted for cleaner, natural products from trendy start-ups.

This is breaking news. Please check back for updates.



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