According to a report by Reuters on December 14, Johnson & Johnson's internal documents show, the carcinogenic substance asbestos is contained in the baby powderThe company knew about it decades ago, but it didn't tell the US Food and Drug Administration.Johnson & Johnson executives, scientists, doctors, and lawyers are concerned about this issue and how to resolve it without disclosing it to regulators or the public.
According to Reuters, the first possible pollutant mentioned came from a consulting laboratory in the late 1950s.
In November, a jury in California ruled that Johnson & Johnson was not responsible in a lawsuit that caused cancer caused by talc products.According to reportsJohnson & Johnson is still facing more than 10,000 similar lawsuits in the US.
Johnson & Johnson was revealed before the opening of the market todayStruggling over shareholder litigation.
At the time of press release, Johnson & Johnson's stock price had plummeted by more than 11%
(Edited by Wong Chui Ling)