Johnson & Johnson has reached a deal in the long-running lawsuit against its talc-based products.
has reached a deal in the long-running lawsuit against its talc-based products. Thousands of people have sued the company over the past decade, claiming the products — including its iconic baby powder — caused cancer.the company will pay out $8.9 billion over 25 years to settle the lawsuits, a much higher settlement than the brand's original $2 billion offer.
, "LTL also has secured commitments from over 60,000 current claimants to support a global resolution on these terms." Lawyers for the plaintiffs told thethat this was a "landmark" achievement in the decades-long battle, saying the settlement was a "significant victory for the tens of thousands of women suffering from gynecological cancers caused by J.&J.’s talc-based products.
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