Preparations for a worldwide ban on Johnson & Johnson's baby powder causing cancer

The talc-based baby-powder from the pharma company Johnson & Johnson was once very popular among young children and women. But after it came to the fore that it was cancer, now it can be banned all over the world. The company's shareholders in the UK have come together to propose a global ban on the sale of the powder. It is noteworthy that due to this powder, 34 thousand cases of women getting cancer are going on Johnson & Johnson.

In the US, a type of asbestos, cressotile fiber, was found in this powder, after which it was suspected of cancer, this element is considered to be carcinogenic. Thousands of women sued her powder for causing cancer of the uterus. On this, the company stopped selling baby powder in the US and Canada in 2020 on the pretext of declining sales. But even today it is selling in other countries of the world including Britain. Now TulipShare, an investment platform in the UK, has prepared a proposal to stop the sale on behalf of the company's shareholders. Shareholders are pooling their shares together to collect the required number of shares for the offer. This proposal has been sent to the US stock market regulatory agency SEC. The company has an annual meeting in April, where efforts are being made to bring this proposal.

$200 million in compensation

In the US, a Missouri court ruled against Johnson & Johnson in 22 petitions by women suffering from cancer. In this, the company has given $ 200 million (about 15 thousand crores today) as compensation and litigation expenses. In order not to have to pay such compensation in future, it made its powder production arm a separate company and later controversially declared it bankrupt.

Still not ready to accept the fact of having cancer

Despite all this, the company cited several reports to say that its baby powder does not cause cancer. All the ingredients used in the powder are safe. It wrote to the SEC against the latest shareholders' proposal to quash it as wrong because thousands of cases of powdered cancer are pending in the courts.

Labor MP said, shareholder is right

Britain's Labor MP Ian Lavery told parliament last year that it was unfair for Johnson & Johnson to continue selling its talcum powder products outside the United States. He justified the shareholders' proposal. "This terrible cancer-causing product is still being sold in the UK and around the world and the company is making huge profits," he said.