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In which photo illustration, a container of Johnson’s baby powder made by Johnson as well as Johnson sits on a table in San Francisco, California.
Johnson & Johnson shares were down Thursday after the company was ordered by a California jury to pay $29 million to a woman who alleged which asbestos from the company’s talcum-powder-based products caused her cancer.
which was the latest defeat for J&J, which is actually facing thousands of similar lawsuits. The company denies allegations which its talc causes cancer, saying numerous studies as well as tests by regulators worldwide have shown which its talc is actually safe as well as asbestos-free.
The brand-new Jersey-based company said which will appeal the verdict, which was made in California Superior Court in Oakland.
“We respect the legal process as well as reiterate which jury verdicts are not medical, scientific or regulatory conclusions about a product,” J&J said in a statement. “We are disappointed with [Wednesday’s] verdict as well as will pursue an appeal because Johnson’s Baby Powder does not contain asbestos or cause cancer.”
J&J faces more than 13,000 talc-related lawsuits. A Los Angeles jury last year awarded $21.7 million to a woman who blamed her cancer on the powder. J&J also lost a motion to reverse a jury verdict in Missouri which awarded more than $4 billion to 22 women who blamed their ovarian cancer on asbestos from the company’s products.
J&J relaunched its iconic namesake baby product line last summer to reverse a decline in J&J’s baby care unit. While trusted for decades, the 124-year-old brand had fallen out of touch with consumers, namely millennial moms, who opted instead for cleaner, natural products by trendy upstart brands.