Johnson & Johnson offers $9B to settle 'talcum-caused cancer' claims
Image Credit: REUTERS
Pharmaceutical giant Johnson & Johnson (J&J) has been dealing with lawsuits against its talc-based baby powder for years. The company has now offered to pay $8.9 billion to settle the claims of tens of thousands of plaintiffs. Plaintiffs have claimed that J&J's talcum powder products caused cancer. The legal fight that began in 2013 has significantly hampered J&J's image worldwide.