After more tests, Johnson & Johnson said that its recalled baby powder was not found to contain asbestos. The company voluntarily recalled 33,000 bottles of baby powder after the Food and Drug Administration said last week that it found asbestos in a bottle bought online. J&J said the FDA’s test could have been contaminated in the lab. (CNBC)
A federal judge has blocked Alabama’s abortion ban. The judge said the law, which restricted abortions to situations only when the mother’s life is in danger, is unconstitutional. It had been set to go into effect on November 15. (Reuters)
Juul’s chief marketing officer is among the latest round of executives to leave the company. Juul’s chief administrative officer, CFO and SVP of advanced technologies have all departed the e-cigarette-maker recently. Juul has eliminated the top marketing job. (CNBC)
Pfizer has reported its first earnings after creating a consumer products joint venture. The company’s revenue dropped 5% in Q3 to $12.68 billion due to its consumer products joint venture with GlaxoSmithKline, but profit jumped nearly doubled. (Associated Press)
Merck’s Q3 results beat expectations. The company reported sales of $12.4 billion, 15% higher than Q3 2018. Sales of Keytruda, its top-selling drug, jumped 62% to more than $3 billion. (Wall Street Journal)
