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Johnson & Johnson agrees to record payout for talc cancer cases ...News
The drug company will offer $8.9bn over 25 years to resolve lawsuits from tens of thousands of alleged victims of its baby powder Drug giant Johnson & Johnson has agreed to pay $8.9 billion to settle claims that its talc-based baby powders caused cancer – a record-setting sum that would nevertheless avoid admitting culpability in tens of thousands of cases. The company has not “changed its longstanding position that its talcum powder products are safe,” J&J said in a statement on Tuesday. The settlement is merely meant to “resolve all the current and future talc claims” in a “timely manner,” it said. The money wi
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