NEW YORK: Johnson & Johnson said on Monday (Jul 27) it would pay US$5.5 billion to resolve tens of thousands of lawsuits alleging its baby powder and other talc products cause ovarian cancer, in a landmark settlement aimed at closing a chapter of contentious litigation that has dogged the company for years.

Johnson & Johnson Announces a Proposed Resolution of Ovarian Talc Litigation

Johnson & Johnson has offered to pay several billion dollars to resolve tens of thousands of lawsuits that allege its baby powder and talc products caused ovarian cancer.The…

Johnson & Johnson will pay $5.5 billion to settle ovarian cancer claims. This landmark settlement covers nearly all remaining talc lawsuits against the company. The deal requires…