I’m from a Johnson & Johnson family. Thanks to a relative who worked there, we had a cabinet full of J&J products with labels in Korean, Spanish, Russian and languages I couldn’t identify. Some of the expiration dates were a little iffy but my kids had clean hair, powdered butts and booboos covered in bandaid adhesive strips (BandAids was a copyrighted term not to be used lightly according to our relative) in many shades. By quick and forthright honesty, the company sailed through a 1992 crisis over deaths caused by a someone lacing extra-strength Tylenol with cyanide.
Now, the company is facing a $572 million fine in Oklahoma for its part in the opioid crisis. While its stock went up the day after the verdict, analysts say the company’s reputation is taking a hit from this and other recent problems. And, no matter the fine, contributing to this country’s opioid problem isn’t good for any company’s reputation.
Editorial cartoons from this week include: