NYSE:JNJPharmaceuticals
UK Talc Case Puts Spotlight On Johnson & Johnson Valuation And Risks
The UK High Court has begun hearing what is expected to be the largest product liability case in UK history against Johnson & Johnson (NYSE:JNJ).
Thousands of claimants allege asbestos contamination in the company’s talc based baby powder and link it to cancer diagnoses.
Johnson & Johnson rejects the allegations and maintains that its products are safe.
Johnson & Johnson is a diversified healthcare group with pharmaceuticals, medical devices and consumer health products and it now faces...