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Johnson & Johnson announced an agreement to pay $5.5 billion to settle approximately 69,000 lawsuits accusing baby powder and talcum products of causing ovarian cancer. The settlement covers most of the claims and has been approved by the plaintiffs' attorneys, contingent upon the approval of 95% of the claimants involved in related cases. This deal marks the end of a decade-long legal battle aimed at resolving allegations regarding the health risks of talc products to women.
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