Johnson & Johnson said it has agreed to pay $8.9 billion to settle claims that talc in its popular baby powder caused cancer. The proposed settlement would be paid out over the course of 25 years.
Johnson & Johnson said that the settlement and bankruptcy filing did not mean it “has changed its longstanding position that its talcum powder products are safe.” The company has long denied claims that its products containing talc — a mineral used to absorb moisture — cause cancer.
According to the Food and Drug Administration, research has shown “a possible association between the use of powders containing talc in the genital area and the incidence of ovarian cancer,” but studies have not “conclusively demonstrated such a link.” The FDA there is a “potential for contamination of talc with asbestos,” but Johnson & Johnson has said its products do not contain asbestos, a known carcinogen.
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