How Johnson & Johnson's $6.475 Billion Talc Settlement Impacts Black Women [Forbes]
Johnson & Johnson (JNJ)
Last johnson & johnson earnings: 4/14 06:31 am
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Source: Forbes
A Missouri jury has ordered pharmaceutical company Johnson and Johnson to pay $4.69 billion in damages to 22 women who claim that they got ovarian cancer from Johnson's baby powder. (Photo by Justin Sullivan/Getty Images) Pharmaceutical giant Johnson & Johnson is alleging its talc-based products, often associated with health concerns, caused cancer. This unprecedented agreement covers around 60,000 cases, marking a significant moment in the intersections of public health and corporate accountability. For Black women, who were selected by J&J as “the right place” to sell more baby powder to, specifically targeting “ ,” this is perhaps an opportunity for financial reciprocity. The Breakdown You Need To Know: J&J, a household name with products in millions of homes, began selling its iconic Baby Powder in 1894. However, concerns about the safety of talc, the primary ingredient, surfaced as early as the 1950s. The first lawsuit linking J&J's talc products to ovarian cancer was filed
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JNJ
News
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JNJ
Earnings
- 4/16/24 - Beat
JNJ
Sec Filings
- 5/17/24 - Form 8-K
- 5/16/24 - Form 424B2
- 5/15/24 - Form 424B2
- JNJ's page on the SEC website