Johnson & Johnson proposes USD 8.9 billion settlement for talc cancer claims

US pharmaceutical giant Johnson & Johnson on Tuesday proposed an $8.9 billion settlement to resolve years-old lawsuits claiming that its talcum powder products caused cancer.

The New Jersey-based company said the proposed settlement, which still needs the approval of a bankruptcy court, “will equitably and efficiently resolve all claims arising from cosmetic talc litigation.”

For more details, check out the link given below:

JnJ proposes USD 8.9 billion settlement of talc cancer claims

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