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Johnson & Johnson to pay $8.9 billion to settle claims talc products caused cancer

Por: ABC7 World April 05, 2023

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Tuesday that the company has agreed to pay $8.9 billion over 25 years to settle all current and future claims that the company's baby powder and other cosmetic talc products allegedly caused cancer.The company announced in the securities filing that its subsidiary LTL Management, Inc. will be re-filing for voluntary Chapter 11 bankruptcy to resolve the allegations. The filing is not an admission of wrongdoing and the company maintains its... + full article



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