The family of Mae Moore, a California resident who died at age 88 in 2021, sued the company the same year, claiming J&J's talc baby powder products contained asbestos fibers that caused her rare cancer. The jury late on Monday ordered J&J to pay $16 million in compensatory damages and $950 million in punitive damages, according to court filings.

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[–] 13 points 1 year ago* (last edited 1 year ago) (3 children)

Lets see, between its introduction in 1892 to its discontinuation in 2019 we can safely derive a global sales average of $273 million per year (accounted for inflation).

2019-1892 = 127 years * $273 = $34.67 Billion.

$966m penalty equates to a 3% deficit to its overall worldwide sales over the lifetime of the product. IE: Nothing.

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