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Stock impact report

Indian drug regulators take talcum powder samples from Johnson & Johnson facilities [Toronto Globe and Mail (Ontario, Canada)]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Indian drug authorities visited some of Johnson & Johnson’s facilities on Wednesday and took “tests and samples” of its talcum powder, the company said in a statement. The visits came as regulators in India launched an investigation into J&J’s Baby Powder following a Reuters report last Friday that the firm knew for decades that cancer-causing asbestos could be found in the product. The company told Reuters in a statement that the facilities were visited by the Central Drugs Standard Control Organization (CDSCO) and some state-based food and drug administrations (FDAs). Story continues below advertisement “Today, a few of our facilities were visited by the CDSCO and local FDA authorities and we are fully co-operating with them by providing tests and samples,” the J&J statement said. “The characterization of these visits as ‘raids’ or ’seizures’ is incorrect as has been reported in some instances,” it said. “The tests have been conduct Show less Read more
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