Plaintiffs have three months to vote on whether to approve a proposed legal settlement that would resolve nearly all talc lawsuits.
Johnson & Johnson said Wednesday it has offered to pay $6.5 billion to settle allegations that its talc products caused cancer, a key step in the pharmaceutical giant potentially resolving decades of litigation over what was once one of the most widely used consumer products in the U.S.
'The Plan is the culmination of our consensual resolution strategy that we announced last October,' Erik Haas, worldwide vice president of litigation for J&J, said in a statement Wednesday. 'Since then, the Company has worked with counsel representing the overwhelming majority of talc claimants to bring this litigation to a close, which we expect to do through this plan.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coaches Corner: A Q&A with Johnson boys soccer coach David JohnsonIn this Q&A, Johnson boys soccer coach David Johnson discusses the Jaguars’ upcoming playoff game against Austin Westlake.
Read more »
Johnson & Johnson to Acquire Shockwave Medical for $13 BillionJohnson & Johnson is investing $13 billion in Shockwave Medical, a company specializing in technology for opening clogged arteries. The deal involves cash acquisition and will help expand heart care services. Shockwave uses intravascular lithotripsy technology to crack calcium lesions in arteries and restore blood flow.
Read more »
Johnson & Johnson to Acquire Shockwave Medical in $13 Billion DealJohnson & Johnson is pumping more money into heart care with a roughly $13 billion deal for Shockwave Medical, which specializes in technology that helps open clogged arteries.
Read more »
Johnson & Johnson to Acquire Shockwave Medical in $13 Billion DealJohnson & Johnson is pumping more money into heart care with a roughly $13 billion deal for Shockwave Medical, which specializes in technology that helps open clogged arteries.
Read more »
Johnson & Johnson to Acquire Shockwave Medical for $13.1 BillionJohnson & Johnson is purchasing Shockwave Medical for $13.1 billion to enhance its heart care capabilities. The deal is set to be completed by mid-year.
Read more »
Aaron Taylor-Johnson and Sam Taylor-Johnson Relationship TimelineGina Vivinetto is a writer for TODAY.com.
Read more »