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Johnson & Johnson Tumbles After Report Says It Knew For Decades That Its Baby Powder Contained Asbestos

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Johnson & Johnson Tumbles After Report Says It Knew For Decades That Its Baby Powder Contained Asbestos

Johnson & Johnson Tumbles After Report Says It Knew For Decades That Its Baby Powder Contained Asbestos

Johnson & Johnson shares sank 8% Friday after Reuters reported that the pharmaceutical giant knew for decades that its baby powder contained asbestos.

Reuters reviewed documents, deposition, and trial testimony from at least 1971 to the early 2000s that it said showed powders and raw talc sometimes tested positively for small traces of asbestos.

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Johnson & Johnson Tumbles After Report Says It Knew For Decades That Its Baby Powder Contained Asbestos

FRIDAY, OCT.

10, 2008, FILE PHOTO APRIL 15, 2011 FILE APRIL 15, 2011, FILE PHOTO APRIL 19, 2010 FILE PHOTO OCT 16 2012 PHOTO JULY 30 2013 FILE PHOTO




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