Johnson & Johnson offers $6.5 billion to settle lawsuits over talcum powder

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Johnson & Johnson offers $6.5 billion to settle lawsuits over talcum powder

The giant US pharmaceutical company Johnson & Johnson has submitted a plan this week to settle civil lawsuits in the talc case deemed carcinogenic, and for that it is willing to pay $6.5 billion. This plan is the end of our consensual resolution strategy (from October) announced by Johnson & Johnson's legal vice president Erik Haas.