JNJ Johnson & Johnson proposes comprehensive settlement of ovarian talc litigation ⠀ • Johnson & Johnson reached a proposed agreement t
JNJ Johnson & Johnson proposes comprehensive settlement of ovarian talc litigation ⠀ • Johnson & Johnson reached a proposed agreement to resolve the remaining ovarian talc lawsuits, subject to participation by at least 95% of eligible claims. • The proposed settlement includes a $5.5B commitment, with the first payment of up to $3B scheduled for 2027. • The company said the agreement follows a favorable court ruling on causation and would resolve roughly 76,000 remaining ovarian talc claims.
JNJ Johnson & Johnson proposes comprehensive settlement of ovarian talc litigation ⠀ • Johnson & Johnson reached a proposed agreement to resolve the remaining ovarian talc lawsuits, subject to participation by at least 95% of eligible claims. • The proposed settlement includes a $5.5B commitment, with the first payment of up to $3B scheduled for 2027. • The company said the agreement follows a favorable court ruling on causation and would resolve roughly 76,000 remaining ovarian talc claims.