J&J loses bid to overturn baby powder verdict, but damages cut to $2.1 billion

(Reuters) - A Missouri appeals court on Tuesday rejected Johnson & Johnson's bid to throw out a jury verdict in favor of women who blamed their ovarian cancer on its baby powder and other talc products, but reduced its damages award to $2.12 billion (£1.70 billion) from $4.69 billion.The decision by the Missouri Court of Appeals, in a case brought by 22 women, followed J&J's announcement on May 19 that it would stop selling its talc Johnson's Baby Powder in the United States and Canada.Johnson..