Johnson & Johnson to pay $5.5bn settlement over baby powder lawsuits
- Johnson & Johnson has announced a provisional settlement of an estimated $5.5 billion to resolve tens of thousands of lawsuits alleging its talc-based products, including baby powder, caused ovarian cancer.
- This landmark agreement could bring an end to a contentious legal battle that has plagued the pharmaceutical giant for a decade.
- The proposed settlement encompasses approximately 76,000 claims, including those consolidated in federal court in New Jersey and related cases in state courts, representing nearly all outstanding talc-related allegations against the company.
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- Johnson & Johnson has announced a provisional settlement of an estimated $5.5 billion to resolve tens of thousands of lawsuits alleging its talc-based products, including baby powder, caused ovarian cancer.
- This landmark agreement could bring an end to a contentious legal battle that has plagued the pharmaceutical giant for a decade.
- The proposed settlement encompasses approximately 76,000 claims, including those consolidated in federal court in New Jersey and related cases in state courts, representing nearly all outstanding talc-related allegations against the company.
Sources: The Independent