But while billions of dollars are on the table, one thing has not changed: Johnson & Johnson continues to insist its products were safe. Despite the enormous financial offer, Johnson & Johnson has not admitted liability. In 2022, Johnson & Johnson announced it would stop selling talc-based baby powder worldwide, replacing it with a cornstarch-based formula. It also represents another attempt by Johnson & Johnson to finally close a chapter that has dominated headlines for years. For Johnson & Johnson, it could finally bring an end to one of the most damaging chapters in the company’s history.