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Jul 12, 2018

J&J ordered to pay $4.14 billion in talc cancer case I Breaking News I CNBC.

cnbc.com

J&J ordered to pay $4.14 billion in talc cancer case

CNBC


Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York. Lucas Jackson | Reuters
Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York.
A Missouri jury on Thursday ordered Johnson & Johnson to pay $4.14 billion in punitive damages — the second in a two-phase verdict. Earlier in the day, the jury found the pharmaceutical and consumer goods company liable in a lawsuit filed by 22 women who alleged asbestos in the company's talc-based products gave them ovarian cancer.
The jury ordered Johnson & Johnson to pay $550 million in compensatory damages, and unanimously decided to award punitive damages.
The trial was the largest case that J&J has yet faced over allegations that its talcum powder products cause cancer. The verdict in the Circuit Court of the City of St. Louis came down after a more than five-week-long trial during which jurors heard testimony by nearly a dozen experts.
--Thomson Reuters contributed to this report.
This story is developing. Please check back for updates.