Johnson & Johnson to pay nearly $9 billion to victims of powder that allegedly causes cancer (2 photos)

More than 38 cases have been filed against Johnson & Johnson thousands of lawsuits, the reason for which were allegations that, with the production of baby powder was used talc with a carcinogenic asbestos.





In 2018, Reuters published its own investigation into traces of asbestos in baby powder. The agency reported that for decades the company hid this fact from consumers. When this became known, thousands of lawsuits from agitated mothers. Some even claimed that the powder causes cancer. In 2020, Johnson & Johnson ceased production powders in the US and Canada, and in 2023 sales ceased throughout the world.



The company said that a subsidiary of LTL Management, which was specifically created to reduce its losses from litigation proceedings and settlement of claims, filed an application for bankruptcy. The letter states that the reorganization plan will allow resolve all claims fairly and efficiently, according to CNBC.

The company committed $8.9 billion to the settlement all current and future talc claims. The amount is calculated for 25 years.

At the same time, the company called the claims about the danger of cancer from products "far-fetched."