Drug recall hearing
Johnson & Johnson's CEO will admit manufacturing problems, but he'll insist his company did not try to secretly buy up Motrin and Children's Tylenol to avoid a recall.
William Weldon, CEO of Johnson & Johnson said, "We wanted to get these products out of the market, so we took everything out of the market."
But a Congressional panel will produce documents they say show Johnson & Johnson and the FDA both knew about the so-called "phantom recall."
Representative Edolphus Towns, Chairman of the Committee on Oversight & Government Reform said, "We've gotten information that points out that they were fully aware of what was happening and did not do anything."
The panel's top Republican blames the FDA for lax oversight and accuses the agency of stonewalling.
Representative Aaron Schock of the Committee on Oversight & Government Reform said, "What are they hiding? Why haven't they given full disclosure?"
Today's hearing will cover six Johnson & Johnson recalls in the past year�involving 200 million bottles of medicine, including popular brands like Motrin and Children's Tylenol.
But the company says it�s on the rebound and Johnson & Johnson plans to start re-shipping a million bottles of children's medicine next week.