-Johnson & Johnson (JNJ) and Colgate-Palmolive Co. (CL) must pay almost $10 million to a California woman who blamed the companies' talc-based products for her cancer, Bloomberg reports.

-A state-court jury decided Wednesday the companies' body powders were a cause of the woman's mesothelioma, a cancer specifically linked to asbestos exposure, the report said.

-Jurors determined J&J and Colgate were each 40% responsible for her illness -- amounting to about $4.8 million in damages against each company, the report said.

-The case is Johnson's second trial loss in two weeks in cases regarding the health risks of its talcum powder, the report said.

Shares of Johnson & Johnson were up 1.2% Wednesday in afternoon trading and Colgate's stock was off 0.3%.

 

Write to Patrick Thomas at patrick.thomas@wsj.com

 

(END) Dow Jones Newswires

June 12, 2019 15:34 ET (19:34 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Johnson and Johnson (NYSE:JNJ)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Johnson and Johnson Charts.
Johnson and Johnson (NYSE:JNJ)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Johnson and Johnson Charts.