A subsidiary of Johnson & Johnson is now proposing to pay approximately $6.48 billion over 25 years as part of a settlement in the U.S. to cover allegations that its baby powder containing talc caused ovarian cancer.
The claims contributed to drop in J&J's sales of baby powder, prompting the company to stop selling its talc-based products in 2020. In 2022, J&J announced plans to cease sales of the product worldwide. J&J said that the plan would resolve 99.75% of all pending talc lawsuits against it and its affiliates in the U.S.Johnson & Johnson Loses More Ground In Talc-Powder Cancer Case Katie Link 4:28 PM, May 03, 2016 The remaining pending personal injury lawsuits that relate to mesothelioma will be addressed outside of the plan. The company said that it has already resolved 95% of mesothelioma lawsuits filed to date.
Source: News Formal (newsformal.com)
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