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  • in Health care

    JnJ talc unit faces skepticism on bankruptcy settlement support

    JnJ talc unit faces skepticism on bankruptcy settlement support

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    US: A Johnson & Johnson company on Tuesday defended its second attempt to resolve talc lawsuits in bankruptcy, telling a U.S. judge it can quickly build consensus around its $8.9 billion settlement offer despite doubts about its assertion that 60,000 plaintiffs would support the deal. The proposed settlement has divided lawyers representing cancer victims, many of […] More

  • in Health care

    JnJ proposes USD 8.9 billion settlement of talc cancer claims

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    US: 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.” […] More