Johnson & Johnson offers $9.5 billion to settle talc cancer lawsuits
Johnson & Johnson has offered $9.5 billion to settle tens of thousands of lawsuits claiming its talcum powder caused ovarian cancer.
US pharmaceutical giant Johnson & Johnson has announced a $9.5 billion settlement offer to resolve tens of thousands of lawsuits. The legal action centres on claims that the company's talcum powder products caused ovarian cancer in users.
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Johnson & Johnson offers $9.5 billion to settle talc lawsuits
US pharmaceutical giant Johnson & Johnson has offered US$5.5 billion ($9.5b) to settle tens of thousands of lawsuits claiming that its talcum powder products caused ovarian cancer, the company said on Tuesday.