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Reuters: Johnson & Johnson Baby Powder Contains Asbestos

Video Credit: Newsy Studio - Duration: 00:34s - Published < > Embed
Reuters: Johnson & Johnson Baby Powder Contains Asbestos

Reuters: Johnson & Johnson Baby Powder Contains Asbestos

Reuters reports Johnson & Johnson attempted to cover up test results showing its baby powder and talc products contained small amounts of asbestos.

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Reuters: Johnson & Johnson Baby Powder Contains Asbestos

Johnson & Johnson's stock plunged Friday following  a Reuters report  that its baby powder contained asbestos.

Citing "internal documents," the outlet says the baby powder company has been hiding tests of its talc-based formula that revealed trace amounts of asbestos.

The issue has come to a head recently after multiple women  claimed in a lawsuit  they'd gotten ovarian cancer due to their daily use of talcum powder products.

Since Reuters' report was published, the company's stock has dropped and its market value fell by  about $40 billion .



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