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J & J reduces by 4% the DOJ's report investigating allegations of lying about the risks of talc cancer



Johnson & Johnson Baby Bottle Bottles at a New York Pharmacy

Lucas Jackson |

The justice ministry is pursuing a criminal investigation into whether Johnson and Johnson lied about the possible risks of talc cancer, according to a Bloomberg report on Friday. knew about all the carcinogens in their products, according to Bloomberg, citing people with knowledge of the subject.

In response to the report, J & J told CNBC that the hint that there was a new development on the matter is completely wrong. J & J revealed in February that he had received summons.

J & J fell by more than 4% at the beginning of afternoon trade

The consumer products company that makes everything from Tylenol to Aveeno lotions is facing more than 1

3,000 talc related court cases. J & J denied claims that his talc causes cancer. According to him, numerous studies and tests by regulators worldwide have shown that his talc is safe and asbestos-free.

J & J and the Ministry of Justice were not immediately available for comment. a plaintiff who blamed her cancer on baby-based talcum-based baby powders made by J & J and Colgate-Palmolive. It was only two weeks after the company was ordered to pay 300 million dollars of punitive damages to a woman in New York who blamed her cancer in the company's talc product.

J & J resumes its iconic product line last year. in the baby care department of the company. While enjoying the trust of decades, the 124-year-old brand has come into contact with consumers, namely, millennial mothers who are increasingly chosen for branded brands with a more natural and more natural image

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