Johnson & Johnson knew for decades about asbestos in its baby powder

[JonesBones]

Glad I don't own this stock.



Johnson & Johnson shares fall on report of asbestos in talcum powder 22 Mins Ago | 01:28
Johnson & Johnson reportedly knew its talcum baby powder contained asbestos for decades, Reuters saidin a report that drove the company's shares down by more than 8 percent Friday.

Reuters reviewed documents and deposition and trial testimony the news outlet said showed from 1971 to the early 2000s, J&J company executives, mine managers, doctors and lawyers were aware the company's raw talc and finished powders sometimes tested positive for small amounts of asbestos. Those involved discussed the problem but they did not disclose it to regulators or the public, Reuters' examination found.

J&J's stock is on pace for its worst day in a decade, when its shares closed down 7.67 percent on Oct. 9, 2008.


"Plaintiffs' attorneys out for personal financial gain are distorting historical documents and intentionally creating confusion in the courtroom and in the media," Ernie Knewitz, J&J's vice president of global media relations, told Reuters in an email. "This is all a calculated attempt to distract from the fact that thousands of independent tests prove our talc does not contain asbestos or cause cancer. Any suggestion that Johnson & Johnson knew or hid information about the safety of talc is false."

https://www.cnbc.com/2018/12/14/joh...r-decades-of-asbestos-in-its-baby-powder.html

 

[spin]

shares down by 8 percent?

how the fuck does this company even still exist?

 

[JonesBones]

shares down by 8 percent?

how the fuck does this company even still exist?

Cuz they make everything. They have everything from cutting edge lasik surgery to every shampoo in the aisle. I was gonna buy them simply on an eye play. Myopia is through the fuckin roof. The optometry industry is gonna collapse with the demand coming. I mean it won't be able to handle all the patients.

They are down 10% now btw. Also, people knew this was possible so it may have been priced in.

 

[spin]

Cuz they make everything. They have everything from cutting edge lasik surgery to every shampoo in the aisle. I was gonna buy them simply on an eye play. Myopia is through the fuckin roof.

They are down 10% now btw. Also, people knew this was possible so it may have been priced in.

i dont know the law on this stuff, so i'm not gonna suggest what should be done to them when i know nothing about it.

all i know is

 

[rearnakedchoke]

Good company. Time to buy more stock. There is absolutley no correlation between asbestos/talc and non-respiratory cancer. This is just lawyers being lawyers and using sick people to create sympathy against the big corporate machine.

 

[Joe265]

People will slowly come to the realization that evil runs these organizations.

 

[HockeyBjj]

Can someone explain how asbestos somehow ends up in everything?

Like, at its base form, what the fuck is it and how does it get cross contaminated with every single industry?

 

[Stoic1]

Can someone explain how asbestos somehow ends up in everything?

Like, at its base form, what the fuck is it and how does it get cross contaminated with every single industry?

The same way PEDs get into Viagra.

 

[D 1 Wrestler]

Can someone explain how asbestos somehow ends up in everything?

Like, at its base form, what the fuck is it and how does it get cross contaminated with every single industry?

It's a mineral, it's mined from the earth. The "rocks" can be broken down into small fibers and mixed with any building material or textile. Asbestos fibers are basically indestructible which is what made it so amazing. It's heat resistant , non conductive, chemical resistant, strong and light. Other than the cancer it literally made all building products better. It could even be found in dish towels,, kids pajamas baking gloves, brake pads, etc

 

[ultramanhyata]

Asbestos fibers are basically indestructible which is what made it so amazing. It's heat resistant , non conductive, chemical resistant, strong and light.

This is extraordinary. I think we have to ask ourselves how such a seemingly miraculous, multi-use substance ever found its way into the earth.

 

[ultramanhyata]

Good company. Time to buy more stock. There is absolutley no correlation between asbestos/talc and non-respiratory cancer. This is just lawyers being lawyers and using sick people to create sympathy against the big corporate machine.

So why do you think the company kept the presence of the asbestos a secret from the public? Why didn't they just put "this product may contain trace amounts of asbestos" on the label 30 years ago? Because it's less the asbestos itself and more the strategic, corporate deception that's the scandal here.

 

[rearnakedchoke]

So why do you think the company kept the presence of the asbestos a secret from the public? Why didn't they just put "this product may contain trace amounts of asbestos" on the label 30 years ago? Because it's less the asbestos itself and more the strategic, corporate deception that's the scandal here.

Nah. Not at all. There wasnt a requirement to. Just like most brake companies werent doing it, since asbestos is an inhalation hazard and you through normal use of putting on the skin, wouldnt have to worry about that. I am with j and j on this one.

Talc is not a carcinogen from skin contact. People arent getting lung cancer from it. If they start getting it, i will be first to admit they messed up.

 

[Seano]

It's a mineral, it's mined from the earth. The "rocks" can be broken down into small fibers and mixed with any building material or textile. Asbestos fibers are basically indestructible which is what made it so amazing. It's heat resistant , non conductive, chemical resistant, strong and light. Other than the cancer it literally made all building products better. It could even be found in dish towels,, kids pajamas baking gloves, brake pads, etc

Thanks, professor.

 

[Cake4Breakfast]

there needs to be real punishment for shit like this, particularly when it causes people bodily harm.

 

[Cake4Breakfast]

Nah. Not at all. There wasnt a requirement to. Just like most brake companies werent doing it, since asbestos is an inhalation hazard and you through normal use of putting on the skin, wouldnt have to worry about that. I am with j and j on this one.

Talc is not a carcinogen from skin contact. People arent getting lung cancer from it. If they start getting it, i will be first to admit they messed up.

In 1976, the Cosmetic, Toiletry, and Fragrances Association (CTFA), which is the trade association representing the cosmetic and personal care products industry, issued voluntary guidelines stating that all talc used in cosmetic products in the United States should be free from detectable amounts of asbestos according to their standards.

Talc that has asbestos is generally accepted as being able to cause cancer if it is inhaled.

• IARC classifies talc that contains asbestos as “carcinogenic to humans.”
• Based on the lack of data from human studies and on limited data in lab animal studies, IARC classifies inhaled talc not containing asbestos as “not classifiable as to carcinogenicity in humans.”
• Based on limited evidence from human studies of a link to ovarian cancer, IARC classifies the perineal (genital) use of talc-based body powder as “possibly carcinogenic to humans.”

https://www.cancer.org/cancer/cancer-causes/talcum-powder-and-cancer.html

 

[D 1 Wrestler]

Thanks, professor.

I work in the industrial hygiene field, dealt with asbestos, lead paint, indoor air quality, etc for 15 years

 

[RerouteToRemain]

The same way PEDs get into Viagra.

 

[rearnakedchoke]

I work in the industrial hygiene field, dealt with asbestos, lead paint, indoor air quality, etc for 15 years

Nice. Are you a CIH?

 

[rearnakedchoke]

In 1976, the Cosmetic, Toiletry, and Fragrances Association (CTFA), which is the trade association representing the cosmetic and personal care products industry, issued voluntary guidelines stating that all talc used in cosmetic products in the United States should be free from detectable amounts of asbestos according to their standards.

Talc that has asbestos is generally accepted as being able to cause cancer if it is inhaled.

• IARC classifies talc that contains asbestos as “carcinogenic to humans.”
• Based on the lack of data from human studies and on limited data in lab animal studies, IARC classifies inhaled talc not containing asbestos as “not classifiable as to carcinogenicity in humans.”
• Based on limited evidence from human studies of a link to ovarian cancer, IARC classifies the perineal (genital) use of talc-based body powder as “possibly carcinogenic to humans.”

https://www.cancer.org/cancer/cancer-causes/talcum-powder-and-cancer.html

Thanks. So where are the cases of respiratory cancer?

 

[Fawlty]

This is extraordinary. I think we have to ask ourselves how such a seemingly miraculous, multi-use substance ever found its way into the earth.

Just another one of God's little pranks.

Didn't we know this about J&J years back? What is new in this one?