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Missouri Supreme Court ruling could help J&J in talc cases

The Missouri Supreme Court has ruled that the practice of combining two or more cases in order to allow courts to hear cases they otherwise would not, constitutes “a clear and direct violation” of state law.

The ruling may offer respite to healthcare conglomerate Johnson & Johnson as it deals with a flurry of lawsuits over allegations that its talc products including J&J’s baby powder, containing cancer causing asbestos.

US Department of Justice investigate J&J over Baby Powder allegations

The Justice Department and US Securities and Exchanges Commission are investigation healthcare giant Johnson & Johnson over allegations that Johnson’s Baby Powder is contaminated with asbestos.

J&J made the disclosure in a regulatory filing noting that the two agencies have requested documents relating to the allegations.

“The company is cooperating with these government inquiries and will be producing documents in response,” the US healthcare conglomerate said in the filing.

J&J's Baby powder tested in India and Bangladesh

Bangladeshi authorities will collect and test samples of Johnson & Johnson’s baby powders for traces of cancer causing asbestos, after a Reuter’s report revealed that the company had known it’s product had tested positive for asbestos since at least 1971.

The news comes after Indian regulators ordered J&J to stop manufacturing its Baby Powder using raw materials, in two of its Indian factories, until tests prove that the products are free of the carcinogenic contaminant.

Indian authorities seize J&J Baby Powder in response to Reuters report

Indian authorities have seized samples of Johnson & Johnson’s Baby Powder from a factory in Baddi in Northern India, after Reuter’s revealed that the American firm had known its products contained cancer-causing asbestos since the 1970s.

India’s Central Drugs Standard Control Organization (CDSCO) took samples from samples from the firms Baddi plant in the state of Himachal Pradesh late on Tuesday.

Regional drug officer for the southern state of Telangana, Surendranath Sai said on Wednesday that he had also instructed officers to seize samples.

J&J announces $5bn share repurchase

New Jersey-based pharma firm Johnson & Johnson plans to buy back $5 billion in shares after news agency Reuters released an investigation which led to the company losing more than $45 billion in market value over just two days.

Shares in the company plummeted on Friday after a Reuter’s investigation revealed that the company had known its baby powders had been contaminated with asbestos since at least 1971.

J&J shares plummet after asbestos cover up allegations emerge

Shares in American healthcare firm Johnson & Johnson plummeted on Friday after news agency Reuters reported that the New Jersey-based multinational had known its talcum powders had been contaminated with asbestos since the 1970s.

In reviewing documents made public by courts, Reuter’s investigators found that J&J had been aware that their baby powders were contaminated with trace amounts of asbestos since at least 1971.

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