Re:Johnson and Johnson hit with $55M damages in talc cancer ...
by nerdponx on Tuesday May 03, 2016 @08:19PM
(#11625297)
But certainly far less money than they made
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Re:Johnson and Johnson hit with $55M damages in talc cancer ...
by sokoloff on Tuesday May 03, 2016 @08:33PM
(#11625345)
If 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.