Johnson & Johnson agrees to pay $8.9bn to settle claims that talc caused cancer

Johnson & Johnson faces about 40,000 lawsuits from people claiming its talc products caused cancer due to contamination with asbestos, a known carcinogen

Johnson & Johnson has agreed to pay almost $9bn to settle tens of thousands of lawsuits alleging its talc caused cancer.The company faces about 40,000 lawsuits fromdue to contamination with asbestos, a known carcinogen.

J&J has always denied the allegations, saying decades of scientific testing and regulatory approvals have shown its talc to be safe and asbestos-free. It pulled its talc-based baby powder from the US market in 2020, saying"misinformation" about the product's safety had caused demand to plummet.The new offer was tied to a bankruptcy claim from the company's subsidiary LTL.

J&J created the subsidiary to take on responsibility for the talc claims, but an attempt to file for bankruptcy in January failed because the court said the company was not in financial distress.

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