A California jury on Wednesday ordered Johnson & Johnson to pay $29 million to a woman who said that asbestos in the company’s talcum-powder-based products, including Johnson’s Baby Powder, caused her mesothelioma.
A key supplier of talc used in Johnson & Johnson's baby powder filed for Chapter 11 bankruptcy on Wednesday in the wake of multibillion-dollar lawsuits alleging its products caused ovarian cancer and mesothelioma.
Sri Lanka has halted imports of Johnson & Johnson Baby Powder until the company proves its product is free from cancer-causing asbestos, two government officials and the product’s local distributor told Reuters.
CVS is making progress toward its goal of fully transparent beauty imagery by the end of 2020, announcing that nearly 70 percent of its beauty imagery nationwide will be compliant with its new CVS Beauty Mark standard.
The US-based K-beauty company announced on Thursday that it has closed a $35 million Series D funding round and has plans to use the financing to accelerate growth and drive innovation across its portfolio of brands.