4 April 2023

Embattled big pharma company Johnson & Johnson is offering $8.9billion in damages to settle lawsuits alleging its talc-based baby powder caused cancer.

The New Brunswick, New Jersey-based firm has filed for bankruptcy for a second time and offered the settlement to the around 100,000 claimants seeking damages after suffering medical issues they have linked to the powder.

As part of the offer, the firm did not admit any wrongdoing and continues to say its talc-based powder is safe for use.

Read more on :

https://www.dailymail.co.uk/health/article-11939257/J-J-unit-files-second-bankruptcy-pursue-8-9-billion-talc-settlement.html