NEW: Johnson & Johnson is discontinuing its talc-based baby powders in the U.S. and Canada. Thousands of lawsuits have alleged the talc-based powders caused ovarian cancer.
Lucas Jackson | Reuterssaid Tuesday that it is discontinuing its talc-based baby powder in the United States and Canada as the company faced mounting lawsuits that said it caused cancer and demand fell.
The consumer and medical goods giant, which makes everything from Tylenol to Aveeno lotions, has repeatedly denied the allegations.
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