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Johnson and Johnson / Tylenol Affair #280866

CBS Evening News for Wednesday, Oct 06, 1982
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(Studio) Johnson and Johnson, parent company of Tylenol mfrs., noted gaining in today's Wall Street rally; details given.
REPORTER: Dan Rather

(NYC) Long-range anticipated impact of Tylenol poisoning on Johnson and Johnson examined; drop in sales at Walgreens of over-the-counter drugs outlined on screen. [Walgreen Company spokesperson Thomas MAMMOSER - notes consumers' need for alternative to Tylenol.] Tylenol's sales record described. [Wall Street analyst Michael SCHER - notes potential damage to Johnson and Johnson.] Securities and Exchange Commission said investigating possibility that poisoning was part of stock manipulation scheme; Tylenol mfrs.'s reaction mentioned.
REPORTER: Morton Dean

Dean, Morton;
Rather, Dan

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