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J&J willing to pay $8.9B to settle talc lawsuits

The company says a settlement doesn’t constitute an admission of wrongdoing

04/05/2023

NJ Spotlight News

J&J willing to pay $8.9B to settle talc lawsuits

Clip: 4/5/2023 | 1m 12sVideo has Closed Captions

The company says a settlement doesn’t constitute an admission of wrongdoing

New Jersey-based Johnson & Johnson has proposed paying $8.9 billion to settle thousands of claims that its talc products, including baby powder, caused cancer. That's about four times the amount the pharmaceutical company originally agreed to. Johnson & Johnson says it will pay it by once again trying to file for bankruptcy.

04/05/2023

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