Since 2023, Johnson & Johnson's baby's cool body powder will be suspended globally!

On the 11th local time, Johnson & Johnson announced that it would stop selling baby powder with talc powder globally. According to reports, Johnson & Johnson is currently facing about 38,000 lawsuits, saying that its related products have caused cancer due to pollution of carcinogens.

Johnson & Johnson said in a statement on the day that the company will stop selling babies with slippery stones globally from 2023, and will transition to all corn starch as raw materials, and related products have begun to be sold in many countries.

According to Reuters, Johnson & Johnson is currently facing a lawsuit of about 38,000 consumers and victims, accusing the baby's cool body powder and other types of talc powder due to the known carcinogenic asset pollution, resulting in cancer. In this regard, Johnson & Johnson reiterated in the statement of the day that independent scientific analysis over the past decades has proven that its talc powder products are safe, without asbestos, and will not cause cancer.

According to reports, in October last year, Johnson & Johnson established a new subsidiary to deal with claims related to company talc powder -related products, and then apply for bankruptcy protection. The lawsuit was resolved through the bankruptcy court.

The court documents show that the company faces about $ 3.5 billion in judgment and reconciliation costs before applying for bankruptcy protection. According to the analysis, Johnson & Johnson adopts the "two -stage bankruptcy law", and relevant laws allow a company to be split into at least two entities, and the newly established entity is responsible for legal responsibility. Critics claim that Johnson & Johnson's application for bankruptcy protection is "unreasonable abuse of the legal system."

Source: CCTV Finance

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