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Johnson & Johnson proposes 5.5B settlement for baby powder suits
Johnson & Johnson has proposed a settlement valued at up to $5.5 billion to resolve tens of thousands of lawsuits in the United States, which accuse talcum products such as baby powder of causing ovarian cancer. This settlement represents one of the largest of its kind and aims to end a long-running legal dispute that has lasted for years, with the company denying that its products caused cancer. The settlement will cover approximately 76,000 claims, with an offer to pay up to $3 billion over the next year, contingent upon the agreement of most of the involved law firms, allowing the company to avoid ongoing litigation and focus on developing pharmaceuticals and medical devices. The lawsuits have been ongoing since 2009 and revolve around allegations that asbestos-contaminated talc was the source of the illnesses. However, the company has maintained that its products are safe and asbestos-free, and in 2022, it ceased manufacturing and selling talcum powder worldwide, switching the product to cornstarch-based powder.
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