RPT | Johnson & Johnson Reaches $5.5B Settlement To Resolve Ovarian Talc Litigation
Deal Brings Finality To 15-Year Talc Litigation - Settlement Requires At Least 95% Claimant Participation - First Talc Settlement Payment Of Up To $3B Due In 2027 - Says Proposed Pact Follows Favourable Court Ruling - Reiterates Studies Show Talc Is Safe, Does Not Contain Asbestos And Does Not Cause Cancer
Deal Brings Finality To 15-Year Talc Litigation - Settlement Requires At Least 95% Claimant Participation - First Talc Settlement Payment Of Up To $3B Due In 2027 - Says Proposed Pact Follows Favourable Court Ruling - Reiterates Studies Show Talc Is Safe, Does Not Contain Asbestos And Does Not Cause Cancer