The FDA just released its final report
from its year-long initiative to test cosmetic products for the
presence of asbestos. The final tally of results from AMA Analytical
Services, the contractor who performed the tests, was 43 negatives and 9
positives, implying a 17% positive rate.
50 additional samples selected for blinded testing will be analyzed this year with final results expected in 2021.
Healthcare giant Johnson & Johnson (JNJ -3.9%)
has been mired in a blizzard of lawsuits from users of its talc
products claiming that their cancers were caused by
asbestos-contaminated Baby Powder, claims the company disputes. In
December 2019, results from
two third-party labs failed to detect asbestos in a single bottle of
the FDA samples, nor was it present in retained samples from the
finished lot from which the bottle was produced.
https://seekingalpha.com/news/3549872-final-tally-from-fda-testing-of-cosmetic-products-for-asbestos-17-positive
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