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Johnson and Johnson offers up to $5.5B to settle baby powder lawsuits

a day ago
  • Johnson & Johnson offers up to $5.5bn to settle lawsuits alleging its talc-based baby powder causes ovarian cancer.
  • The settlement aims to resolve about 76,000 cases, representing most remaining talc-related claims, pending acceptance by legal firms representing 95% of ovarian cancer claimants.
  • J&J denies allegations, claims studies show talc is safe, and has transitioned to cornstarch-based baby powder globally after ending talc sales in the US in 2020.