Posted on 07/12/2019 11:49:20 AM PDT by Red Badger
Shares of Johnson & Johnson fell as much as 6% Friday amid reports the US Justice Department is pursuing a criminal investigation into the company. The DOJ is looking into whether J&J lied about the possible cancer risks of its talcum powder, according to the Bloomberg report. Lawsuits alleging the products are responsible for cancer have cited internal memos dated as far back as the 1960s that warn asbestos could be found in J&J talc products. Nearly a dozen court cases have concluded the company knew some of their Baby Powder products had at least trace amounts of asbestos and didn't warn consumers of the risk. Watch Johnson & Johnson trade live here.
Johnson & Johnson's stock fell as much as 6% Friday after the US Justice Department announced a criminal investigation into whether the company lied about the possible cancer risks of its talcum powder products, according to a Bloomberg report.
The probe comes at the same time as a regulatory investigation and civil claims by thousands of cancer patients that allege the company's Baby Powder products caused their illnesses. More than 14,000 lawsuits filed against J&J claim the talc products contain asbestos and are responsible for ovarian cancer or mesothelioma.
The world's largest manufacturer of health care products said in February that it had received subpoenas, but much of the investigation was a mystery at the time. Lawsuits related to the presence of carcinogens in its baby powder have unearthed internal memos from as far back as the 1960s that warn asbestos detected in the company's talc products was a "severe health hazard" that could pose a legal risk.
Shares fell as much as 17% in December after reports of memos appearing to show J&J executives knew the products were contaminated as early as the 1970s.
(Excerpt) Read more at markets.businessinsider.com ...
J&J tumbles amid reports the DOJ launched a criminal investigation into whether it lied about its baby powder's cancer risks (JNJ)
Great! Another shakedown...Plus ca’ change...
This and the Roundup lawsuit.
They are trying to make this into the same megabucks thing as Asbestos.
I’ve had intelligent people tell me Roundup is killing people because its in the food.
Roundup kills nearly everything green.
Use it in your wheat field...you get a dead wheat field very quickly.
We used it to kill off weeds in patio areas.
And its the only thing that will kill thistle and only with a fair soaking.
From an old 3 stooges routine:
“If we could walk like that, we wouldn’t need the talcum powder!”
What the Fat lady said to the Druggist......................
Gold Bond, baby.
J&J was never a favorite company. The Johnson family with their wealth and foundations avidly promoted abortion. Also always wondered how they avoided a huge class action lawsuit involving Q-Tips. Many people have wrecked their ears using that product. J&J would of course argue that the product was not designed to clean ears. However there is little doubt that they have research and marketing data knowing exactly how it was used and the harm done. How hard could it be to convince a jury that they knowingly and persistently manufactured and produced an inherently unsafe product.
Youre the kind of person that should look into their creepy spin off charity. They pay off the town with “improvement” money and then come in and start kindly offering health improvement programs overseen by your employer before trying to pry into your mental health. Its a weird sort of grinning Stepford fascism with its own “helpful” version of Hitler Youth coordinated at the public schools.
Read some of the writings of those involved (https://www.rwjf.org/) and tell me it doesn't make your skin crawl.
Except applied roundup decays in 3 days. That’s why no one is dying from eating products grown with roundup. If you are a landscaper using roundup for hours on end every day and are not heeding the warnings about exposure, you are just asking for cancer, same as with any herbicide or insecticide.
In a photo lab, we had a cine processor operator develop contact dermatitis from the developer. He was advised to wear rubber gloves.
So, the next time he got his hand dipped in developer, he went over and put on rubber gloves. After dipping, not before. And even then, he didn’t rinse his hands, but stuck developer laden hands into rubber gloves.
I don’t know whatever happened to him, but he most likely succumbed somewhere to terminal stupidity.
If that wouldn’t suffice, look at the now pretty much harmless Kellogg company. God only knows how the Seventh Day Adventists got into that particular corner of their health jag. Cereals are reasonable things for breakfast (with some protein and fat sources added) but where did they come up with the electric shocks idea? Nobody thinks of Kellogg that way today, however.
At the turn of the 20th century, technology was marching on at an impressive pace, and a lot of people were enamored of technology for its own sake. That was foolish. Please don’t blame those who rode on a craze for the craze itself.
Ah, there is that concern versus the concern that we don’t put people into rubber rooms either — that we give them some margin for error without blaming the maker of the product that they foolishly used. Q-tips are good for a lot of things not even on the body. It’s a nanny statist’s dream to ban them, but we would be poorer for it.
I will confess: I am from a staunch “stick stuff in your ear to get out the wax” family. The curved end of bobby pins are good ear wax scoops, as it turns out — and the final cleaning was done with Q-tips. And none of us ever suffered a perforated eardrum as a consequence, though sometimes I got a passing ear infection later as an adult from Q-tips scratching (now I just rinse my ears in the shower, and the moderate cleaning that affords keeps my ear flora within a reasonable range, and I haven’t had wax problems for years).
But sticking stuff in the ear to try to deal with stuff already in the ear is probably as old as cave men. The printed official warning not to use Q-tips for that purpose (maybe qualified with “except under the direction of a nurse or physician”) would be quite enough in a world I was king in.
About the talc-and-cancer scandal? It’s likely that the people who most wanted to use the talc were those suffering irritations already, and thus were already at risk for cancer. Why do we have the separation of court and science here?
I just wonder if the DOJ is going to sue every company in every sector that lies about their product in order to increase sales? I mean.... that will be a long list.
Another good ear cleaner is a 3% solution of hydrogen peroxide.
It’s crackly, too!
Trace amounts. There are trace amounts of insect parts in peanut butter.
The ability to detect things in smaller and smaller amounts does not mean the technology to remove those things keeps pace.
I’m with JJ on this one.
I think they should outlaw water. Ingesting large amounts can cause death. Even a cupful in the wrong place can make you drown! Everyone who has ever died has been in contact with water. Some people are over exposed in the bathtub.
And milk! Most drug abusers drank milk as a child.
Milk is obviously a gateway to cocaine, meth, etc.
No more milk!
God only knows how the Seventh Day Adventists got into that particular corner of their health jag.
Anaphrodisiac!
OH MY!
Kellogg is best known today for the invention of the breakfast cereal corn flakes, originally intended to be an anaphrodisiac, with his brother, Will Keith Kellogg. His creation of the modern breakfast cereal changed “the American breakfast landscape forever.”
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