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Johnson & Johnson’s proposed settlement for its ongoing baby powder litigation has increased as it nears finalization. The pharmaceutical giant has tacked an additional $1.1 billion onto the $6.48 billion ovarian cancer settlement that it initially proposed in May.
NEW BRUNSWICK, N.J. — Johnson & Johnson is earmarking nearly $9 billion to cover allegations that its baby powder containing talc caused cancer, more than quadrupling the amount that the...
Litigation against J&J over claims that its talc powder caused mesothelioma and ovarian cancer are ongoing, with tens of thousands of lawsuits still active. J&J permanently discontinued its talc-based baby powder in the United States in 2020.
Johnson & Johnson announced Tuesday that the company has agreed to pay $8.9 billion over 25 years to settle "all current and future" claims that the company's baby powder and other cosmetic talc products allegedly caused cancer.
Johnson & Johnson’s proposed multi-billion-dollar settlement for the tens of thousands of pending baby powder lawsuits has taken a significant step toward becoming a reality. J&J’s Red River Talc Unit filed for bankruptcy in Texas court on Friday, according to Reuters. This will kick off the Texas two-step strategy necessary to complete the ...
J&J says about 83% of claimants support proposed bankruptcy plan. Red River filed Chapter 11 bankruptcy to fully and finally resolve all current and future claims related to ovarian cancer arising from cosmetic talc litigation. Red River increased settlement commitment by $1.75b to about $8b. Plan would resolve 99.75% of all pending talc ...
Johnson & Johnson has reached tentative agreement to resolve talc baby powder claims with more than 40 states, the world's biggest maker of health care products confirmed on Tuesday.
In 2020, the company said it would discontinue sales of its talc-based baby powder in the United States. It plans to stop selling the product globally this year, offering a cornstarch version...
Johnson & Johnson is moving forward with a $6.475 billion proposed settlement of tens of thousands of lawsuits alleging that its baby powder and other talc products contain asbestos and...
NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson is earmarking nearly $9 billion to cover allegations that its baby power containing talc caused cancer, more than quadrupling the amount that the company had previously set aside to pay for its potential liability.