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Is US Big Pharma getting away with murder? RT’s Boom Bust investigates | Is US Big Pharma getting away with murder? RT’s Boom Bust investigates |
(about 2 months later) | |
US pharmaceutical giant Johnson & Johnson is considering a new liability strategy to handle the thousands of lawsuits the company faces over its controversial talcum powder. | US pharmaceutical giant Johnson & Johnson is considering a new liability strategy to handle the thousands of lawsuits the company faces over its controversial talcum powder. |
The suits allege the company’s talcum products contain asbestos, and that their use has resulted in cancer for thousands of Americans. | The suits allege the company’s talcum products contain asbestos, and that their use has resulted in cancer for thousands of Americans. |
Facing a legal onslaught, Johnson & Johnson is considering creating a separate liability company to deal with the claims. However, critics point out that this would limit the compensation paid to victims. | Facing a legal onslaught, Johnson & Johnson is considering creating a separate liability company to deal with the claims. However, critics point out that this would limit the compensation paid to victims. |
Mike Papantonio, host of ‘America’s Lawyer’, digs into the reports and the firm’s history of dealing with lawsuits. | Mike Papantonio, host of ‘America’s Lawyer’, digs into the reports and the firm’s history of dealing with lawsuits. |
For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |