Johnson & Johnson to pay $4.96 bn in damages in baby powder lawsuit
Friday - July 13, 2018 7:28 am ,
Category : BUSINESS
Washington July 13 (IANS) A jury in the US on Thursday ordered Johnson & Johnson to pay $4.69 billion in damages to 22 women and their families who had claimed the company s talcum power products caused them to develop ovarian cancer.
The compensation awarded by a jury in St. Louis Missouri is divided into $550 million in compensatory damages and another $4.14 billion in punitive damages Efe reported.
This is the largest damages Johnson & Johnson has faced to date among about 9 000 similar cases.
The plaintiffs six of whom have already died alleged that asbestos found in the baby-product company s talcum powder caused their ovarian cancer since the 1970s.
Johnson & Johnson which has announced that it will appeal against the verdict argues that its talc products do not contain asbestos or cause cancer.
--IANS qd
The compensation awarded by a jury in St. Louis Missouri is divided into $550 million in compensatory damages and another $4.14 billion in punitive damages Efe reported.
This is the largest damages Johnson & Johnson has faced to date among about 9 000 similar cases.
The plaintiffs six of whom have already died alleged that asbestos found in the baby-product company s talcum powder caused their ovarian cancer since the 1970s.
Johnson & Johnson which has announced that it will appeal against the verdict argues that its talc products do not contain asbestos or cause cancer.
--IANS qd
