Johnson & Johnson's shares dipped on Thursday after a jury in California ordered the company to pay more than $ 29 million to a woman claiming that asbestos in their speech-based powder products had caused cancer.
In the jury found that Johnson and Johnson knew about the possible dangers of the baby powder being contaminated, but failed to warn the woman Teresa Leavitt.
Ms. Leavitt residing in San Leandro, received a diagnosis of mesothelioma a cancer of internal organs associated with asbestos in August 201
The jury gave Leavitt $ 22 million for pain and suffering, $ 5 million to compensate her family members, nearly $ 1.3 million for her medical expenses and $ 1.2 million for her lost wages, Satterley said .
] Johnson and Johnson said in a statement that it was disappointed with the verdict, citing "serious procedural and evidence errors in the procedure" and that it planned to appeal. As in previous cases, as the company has struggled with mixed success, it said that decades of testing showed that the baby powder did not contain asbestos or caused cancer. The company's shares fell about 1 percent during the afternoon trading.
More than 13,000 plaintiffs have sued Johnson & Johnson over what they say is cancer caused by their talc products. The New York Times reported last year that the company had spent decades trying to keep negative information about potential risk of asbestos pollution from reaching the public.
Ms. Leavit's complaint claims that since the beginning of the 20th century, Johnson and Johnson "had medical and scientific data raising concerns about the presence of asbestos in talcum powder, showing that there was a health hazard to those exposed to asbestos-containing talcum powder products."
Johnson and Johnson said in a filing regulation last month that it had received a summons from the Ministry of Justice and the Securities and Exchange Commission for more information on its talc products.
In July, a Missouri jury issued $ 4.69 billion to 22 women who claimed that asbestos in Johnson & Johnson products, including its signature baby powder, caused them to develop ovarian cancer. In December, the company lost a proposal to reverse the judgment. The company's complaint is not yet relevant.
Talc is used in more than 2000 products, including many beauty and personal care products, according to government data. The Food and Drug Administration warns this month that it had found asbestos in cosmetics sold by Claire, a teenager-oriented retailer. The company said it stopped selling all the talk-based products, including those mentioned by the agency, and planned to destroy the existing inventory. It also said it had stopped making speech-based cosmetics last year.
On Tuesday, the subcommittee on Economic and Consumer Policy heard evidence of potential asbestos pollution of talc-based personal care products. An epidemiologist from the Fred Hutchinson Cancer Research Center in Seattle testified by the hearing that talcum powder significantly increases the risk of cancer.