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Posts tagged "$72 million"

Johnson & Johnson Reverses $72 Million Talcum Powder Verdict

Earlier this month, pharmaceutical giant Johnson & Johnson celebrated after obtaining a Missouri Court of Appeals reversed a $72 million verdict against the company. This is a huge win for a company that currently has thousands of lawsuits pending throughout the country over its talc-based products. The women and families of deceased women bringing these lawsuits allege Johnson & Johnson knew its talcum powder had a risk of causing ovarian cancer and, despite that knowledge, failed to warn its consumers of that risk. In the St. Louis area alone, there have been four jury verdicts totaling $307 million. Johnson & Johnson is in the process of appealing the other three as well.

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