J&J unit to manage talc claims files for bankruptcy protection

J&J unit to manage talc claims files for bankruptcy protection

J&J unit to manage talc claims files for bankruptcy protection

The Johnson & Johnson logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 29, 2019. REUTERS/Brendan McDermid/Files

The Johnson & Johnson logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 29, 2019. REUTERS/Brendan McDermid/Files

Oct 14 (Reuters) – Johnson & Johnson (JNJ.N) said on Thursday its newly created unit that was established to hold and manage claims in the Baby Powder litigation, has filed for voluntary Chapter 11 bankruptcy protection.

Reporting by Amruta Khandekar; Editing by Maju Samuel

Our Standards: The Thomson Reuters Trust Principles.