A report reveals that Johnson & Johnson hid for decades that its talcum powder contained asbestos
Johnson & Johnson hid for three decades that its talcum powder contained asbestos, a carcinogenic substance for which the company has about 9,000 open cases.
In an extensive report published this Friday, the news agency Reuters has revealed that the company kept secret several reports of laboratories that reported the presence of this carcinogenic substance in its talc, since the seventies.
As a result of the new information, the Johnson & Johnson group collapsed in the stock market, falling by 10.13%.
The company has published in response to Reuters a statement in which he assures that the article of the agency is "partial, false and incendiary". Johnson & Johnson insists on its version in which it ensures that its powder "does not cause cancer or diseases related to asbestos".
While the group has not released this statement on social networks, a day before the publication of the exclusive wrote on their Twitter account a defense of the company's values. "Johnson & Johnson has been committed to caring for people since 1886. But it was in 1943 when the values of our company were put on paper," they said in the tweet.
#JNJ has been committed to caring for people since 1886. But it was in 1943 that our company values were put to paper. On the 75th anniversary of our legendary belief statement, learn 8 facts about Our Creed, the values that guide us to this day: https://t.co/MaxBkuPXmx pic.twitter.com/1DshtGNZ1t
- Johnson & Johnson (@JNJCares) December 13, 2018
The communication has been harshly criticized by Internet users. "As a shareholder I feel it is a little alarming that you publish something like this in the light of the current news, you had to know what was coming," said a tweeter.
As a stock holder, I feel it's a little alarming (and tone deaf) for you to be posting something like this in light of the current news. You had to know it was coming. Disgusting
- Paula Obering (@PaulaObering) December 14, 2018
In July a United States jury He condemned the company to pay 4,690 million dollarss for the presence of this substance in its talcum powder. It was one of thousands of cases opened for the same reason. On this occasion, the plaintiffs were 22 women and their families, who blamed the company for causing them ovarian cancer.