Johnson & Johnson to stop selling talc-based baby powder in U.S., Canada
By Carl O'Donnell (Reuters) - Johnson & Johnson on Tuesday announced that it would stop selling its talc-based Johnson's Baby Powder in the United States and Canada, saying it was part of a broad reassessment of its consumer product portfolio prompted by the coronavirus pandemic.
By Carl O'Donnell
(Reuters) - Johnson & Johnson
The U.S. healthcare conglomerate said it would wind down sales of the product, which makes up about 0.5% of its U.S. consumer health business, in the coming months, but that retailers will continue to sell existing inventory.
J&J faces more than 16,000 lawsuits from consumers claiming its talc products, including Johnson’s Baby Powder, caused their cancer. J&J has consistently defended the safety of its talc products and said it remains confident in their safety.
(To read Reuters special report click https://www.reuters.com/investigates/special-report/johnsonandjohnson-cancer/)
The lawsuits allege that the company’s talc products have been contaminated with asbestos, a known carcinogen.
J&J in October said its testing found no asbestos in its Baby Powder after tests conducted by the U.S. Food and Drug Administration discovered trace amounts.
"Demand for talc-based Johnson’s Baby Powder in North America has been declining due in large part to changes in consumer habits and fueled by misinformation around the safety of the product and a constant barrage of litigation advertising," J&J said in a statement.
(Reporting by Carl O'Donnell; Editing by Dan Grebler and Bill Berkrot)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Guinea president 'captured', govt dissolved, claim army putschists'; attack on presidential palace repulsed, say authorities
Reports suggest that they captured President Alpha Conde and dissolved the government, bust the ground situation remains unclear
NEW YORK (Reuters) -The price of cryptocurrencies plunged and crypto trading was delayed on Tuesday, a day in which El Salvador ran into snags as the first country to adopt bitcoin as legal tender. Shares of blockchain-related firms also fell as crypto stocks were hit by trading platform outages. But the major focus was on El Salvador, where the government had to temporarily unplug a digital wallet to cope with demand.
By Joseph White and Sanjana Shivdas (Reuters) -The head of Apple Inc's car project, Doug Field, is going to work for Ford Motor Co to lead the automaker's advanced technology and embedded systems efforts, a hiring coup for Ford Chief Executive Jim Farley.