Johnson & Johnson Shells Out Nearly $9 Billion to Settle Cancer Allegations

Johnson & Johnson agreed to dole out $8.9 billion to numerous people who alleged the pharmaceutical giant’s talcum powder products led to cancer on Tuesday, according to a proposal released in filing Tuesday.

The plaintiffs include the relatives of people who perished from ovarian cancer and mesothelioma allegedly due to Johnson & Johnson products; if the settlement is approved, it will put an end to their long legal saga, according to The New York Times. Under Johnson & Johnson’s proposed settlement, the giant would pay the nearly $9 billion over the next 25 years to the plaintiffs.

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