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Insulin Pump Problems Are Johnson & Johnson’s Latest Headache (NYSE: JNJ)
The Food and Drug Administration is investigating Johnson & Johnson unit Animas Corp., the unit that makes insulin pumps for diabetics. The company is accused of selling pumps known to fail and neglecting to promptly report cases where the company’s products might have caused or contributed to death or serious injury. The unit has been warned that the company could face fines and other sanctions...
Johnson & Johnson Planning To Remove Quaternium-15 From Products (NYSE: JNJ)
Johnson & Johnson has announced that it plans to eliminate the use of quaternium-15 from hundreds of its products intended for use with babies and small children. A consumer group called the Campaign for Safe Cosmetics called for Johnson & Johnson to remove the preservative from its products earlier this month. Chief Executive William Weldon pledged in a letter to the group that the chemical...