Johnson & Johnson must pay $29 million in baby powder cancer case, jury says – NBCNews.com

Breaking News Emails Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings. SUBSCRIBE March 14, 2019, 11:40 AM GMT By Associated PressOAKLAND, Calif. — Johnson & Johnson must pay $29 million to a woman who claimed its baby powder gave her terminal cancer, a California jury ruled Wednesday.…

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Johnson & Johnson Stock Plummets After Report Claims Company Knew About Asbestos In Its Baby Powder – LEX18 Lexington KY News

SOURCE: Justin Sullivan/Getty Images NEW YORK, Ny. (CNN) – Johnson & Johnson’s stock tumbled 10 percent on Friday — wiping out close to $40 billion of its market value — after a Reuters report said the company knew for decades that asbestos was in its baby powder. The company has been grappling with lawsuits alleging some of…

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Shares of biotech firm Geron fall 70% after Johnson & Johnson ends collaboration

Shares of biotech firm Geron crashed nearly 70 percent in premarket trading Thursday after Johnson & Johnson’s Janssen Biotech unit said it will end a partnership with the firm on the cancer drug imetelstat. “The decision not to continue the collaboration is the result of a strategic portfolio evaluation and prioritization of assets within the…

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