J&J loses bid to have $4.7 billion talc verdict set aside, vows to appeal

Get real time updates directly on you device, subscribe now.

J&J loses bid to have $4.7 billion talc verdict set aside, vows to appeal

J&J loses bid to have $4.7 billion talc verdict set aside, vows to appeal 1

FILE PHOTO: Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York October 15, 2015. REUTERS/Lucas Jackson/File Photo

(Reuters) – Johnson & Johnson failed to persuade a Missouri trial judge to set aside a verdict awarding a record $4.69 billion to 22 women who blamed their ovarian cancer on asbestos in the company’s Baby Powder and other talc products.

According to court records, Judge Rex Burlison in St. Louis on Wednesday denied the company’s request, but a detailed opinion of the ruling was not immediately available.

J&J shares were off about 1 percent at $128.93 in afternoon trading.

The company in a statement said the motion before Burlison was just a formal step before J&J could file an appeal with the Missouri appeals court.

“The same judge has denied similar motions on prior verdicts in his court that were ultimately overturned by the appellate courts. We are confident this verdict will also be overturned on appeal,” J&J said.

Lawyers for the women did not immediately respond to requests for comment.

The women and their families said decades-long use of Baby Powder and other cosmetic talc products caused their illness. They allege that the company knew its talc was contaminated with asbestos since at least the 1970s but failed to warn consumers about the risks. A jury in July awarded $550 million in compensatory damages and $4.14 billion in punitive damages.

J&J denies that its talc products cause cancer or that they ever contained asbestos. It says decades of studies show its talc to be safe and has successfully overturned previous talc verdicts on technical legal grounds.

The majority of the thousands of lawsuits that J&J faces involve claims that talc itself caused ovarian cancer, but a smaller number of cases allege that contaminated talc caused mesothelioma, a tissue cancer closely linked to asbestos exposure. The cases that went to trial in St. Louis effectively combine those claims by for the first time alleging asbestos-contaminated talc caused ovarian cancer.

Additional reporting by Manas Mishra in Bengaluru; editing by Bill Berkrot

Our Standards:The Thomson Reuters Trust Principles.

Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

2018-12-20 15:46:08

Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

Get real time updates directly on you device, subscribe now.

Comments
Loading...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Do NOT follow this link or you will be banned from the site!