Johnson & Johnson has struck a substantial deal worth more than five billion dollars, aimed at settling numerous lawsuits that allege cancer linked to its talc products. Following an ineffective bankruptcy resolution attempt, this latest agreement will facilitate quicker claims disbursement while keeping the door open for others who develop cancer-related claims in the future.

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…