J&J declined to comment on the possibility of a second round with Kramer or about its legal strategy following the FDA test result. talc (J&J) CEO Jim Kramer testified in a 13 days deposition that he "believed" the firm's Baby Powder product did not contain asbestos, 13 days before the US Food and Drug Administration ( FDA ) revealed it had found traces of the known carcinogen in a bottle. It was the second time US regulators announced the discovery of asbestos in Baby Powder and prompted J&J's first -ever recall of the product. Analysts said the FDA 's find could provide a fillip to the thousands of FDA lawsuits filed against the firm.
talc (J&J) CEO Jim Kramer testified in a 13 days deposition that he "believed" the firm's Baby Powder product did not contain asbestos, 13 days before the US Food and Drug Administration ( FDA ) revealed it had found traces of the known carcinogen in a bottle. It was the second time US regulators announced the discovery of asbestos in Baby Powder and prompted J&J's first -ever recall of the product. Analysts said the FDA 's find could provide a fillip to the thousands of FDA lawsuits filed against the firm.