Medical giant Johnson & Johnson has offered to pay up to $5.5billion to resolve tens of thousands of lawsuits in the US that claim its talcum powder causes ovarian cancer.
The New-Jersey-based company, well-known for its baby powder, has proposed the settlement, which is the equivalent to £4.14billion, in an attempt to turn the page on the long-running legal battle in the US.
It comes ahead of a potential trial in the UK in 2028.
The business described the claims as 'meritless' and denied its talcum-based products caused cancer.
It changed the formula of its baby powder from talcum to cornstarch in the US in 2020 and then globally in 2023.
