Johnson & Johnson shares plunge after report on asbestos in baby powder
A lengthy investigation by the Reuters news agency, which reviewed thousands of company documents, showed that Johnson & Johnson marketed talc-based products that, at least between 1971 and the beginning of the 2000s, sometimes contained asbestos (AFP Photo/JUSTIN SULLIVAN)/ New York (AFP) - US pharmaceutical and cosmetics group Johnson & Johnson saw its shares plunge Friday after a media report alleged the group had deliberately concealed for decades that its baby powder sometimes contained asbestos. A lengthy investigation by the Reuters ...
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