Johnson & Johnson announces $5.5-billion settlement of talc lawsuits

AI Summary

Johnson & Johnson has announced a $5.5 billion settlement deal for lawsuits alleging their talc products caused ovarian cancer. The settlement requires acceptance by 95% of claimants in state or federal court before it is finalized.

The deal must be accepted by 95% of the ovarian cancer claimants in state or federal court before it becomes final