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Johnson & Johnson agrees to pay $5.5 billion in talc powder settlement
['Daniel Miller']
Latest News | FOX 6
articleThe Brief Johnson & Johnson settled lawsuits that claimed its talc power products caused ovarian cancer.
Johnson & Johnson will pay $5.5 billion to settle remaining lawsuits that alleged the company’s talc products caused ovarian cancer.
Johnson & Johnson talc powder lawsuitDig deeper:Last week, a federal judge ordered plaintiffs in the case against Johnson & Johnson to show why the remaining pending talc claims should not be dismissed after their witnesses could not provide a direct connection between the company's product and cancer.
As part of the proposed settlement, Johnson & Johnson will make an initial payment of no more than $3 billion in 2027 and won’t have additional payments due until 2028.
The Source: Information for this story was provided by The Associated Press, which cites comments from Johnson & Johnson about the case and settlement.