Johnson & Johnson to pay $5.5 billion to settle talc cancer lawsuits
On Monday, Johnson & Johnson revealed a settlement amounting to $5.5 billion aimed at addressing numerous lawsuits claiming that its talc-based baby powder and other talc products led to ovarian cancer. The company indicated that this agreement would conclude 15 years of legal battles.
Key facts
- Johnson & Johnson agreed to pay $5.5 billion
- Settlement resolves tens of thousands of lawsuits
- Lawsuits claimed talc-based baby powder caused ovarian cancer
- Company says settlement brings finality to 15 years of litigation
- Announcement made on Monday
Entities
Institutions
- Johnson & Johnson
Sources
- Quartz —