Johnson & Johnson has agreed to pay $700 million to settle an investigation by 42 U.S. states and Washington, D.C. into its marketing of baby powder and other talc-based products blamed for allegedly causing cancer.
Read More Johnson & Johnson Reaches $700M Talc Settlement Over Baby Powder And Other Products
Johnson & Johnson stated that they are planning to pay $6.5 billion to settle nearly all the lawsuits in the United States that have claimed talc-based products caused them ovarian cancer.
Read More Johnson & Johnson To Pay $6.5B To Settle Nearly All Talc Ovarian Cancer Lawsuits
A state appeals court in New Jersey has tossed out a $223.8 million ruling against Johnson & Johnson regarding its talc powder products, stating that a lower court judge should not have allowed particular scientific testimony to be heard by jurors.
Read More Court Tosses $223.8M Ruling Against Johnson & Johnson In Talc Cancer Case
The Johnson & Johnson (J&J) conglomerate is more than quadrupling the amount it had previously set aside to cover its potential liabilities by allocating $8.9 billion to address allegations that their talcum baby powder caused cancer.
Read More Johnson & Johnson to pay $8.9 billion to settle claims that their talc baby powder caused cancer