5 ms·
It's not like 55 million dollars is much for a company this size.
by fallenshell 10y ago
It's not like 55 million dollars is much for a company this size.
- GordonS 10y agoThe article says there are around 1,200 such cases pending... that's a lot of money for any company
- nerdponx 10y agoBut certainly far less money than they made
- sokoloff 10y agoIf the implication is that they made more than $66BB USD in profit from the sale of talcum powder, I think you're overestimating dramatically. JNJ's total annual earnings is around $15BB (from all products). JNJ's total annual sales of talcum powder are around $400MM. It would take them ~150 years to SELL $60BB of talc, let alone have that amount of profit from talc.
- mietek 10y agoNote that Johnson & Johnson have been selling cosmetic talc since 1893.
- deleted 10y ago[deleted]