Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: An Israeli infantry force of 20 soldiers moved into the Bastra farm in southern Lebanon, and machine gun fire targeted the surrounding area
Al Mayadeen's correspondent in southern Lebanon: An Israeli unit advanced toward the al-Majidiyah plain, near a Lebanese army position in the eastern sector
Al Mayadeen's correspondent in southern Lebanon: An Israeli drone targets a motorcycle in the town of Houla
US President Donald Trump arrives in Saudi Arabia, beginning Gulf trip that includes Qatar, UAE.
Support and Stability Apparatus (SSA) chief Abdel Ghani al-Kikli confirmed dead.
Gunfire heard in various areas of the Libyan capital of Tripoli.
Libyan sources: The Ministry of Interior urges all citizens in Tripoli to remain in their homes.
Libyan sources: Air traffic halted at Tripoli Airport following reports of the death of Support and Stability Apparatus (SSA) chief Abdel Ghani al-Kikli.
Libyan sources: Clashes and military movements reported inside the capital, Tripoli.
Sheikh Qassem: Lebanese officials must also prioritize rebuilding the state economically and socially, as well as returning the depositors’ funds.

J&J puts forward $6.5 billion settlement for talc cancer lawsuits

  • By Al Mayadeen English
  • Source: Agencies
  • 1 May 2024 16:58
  • 1 Shares
2 Min Read

The proposed agreement aims to resolve the lawsuits through a third-party bankruptcy filing by one of Johnson & Johnson's subsidiary companies.

  • x
  • Johnson & Johnson
    A sign for Johnson & Johnson Consumer Health is displayed in Flourtown, Pa., on April 28, 2023. (Matt Rourke/AP)

Johnson & Johnson is advancing with a proposed settlement totaling $6.475 billion for a multitude of lawsuits alleging that its baby powder and other talc-based products contain asbestos, thus contributing to ovarian cancer, Reuters reported Wednesday.

The proposed agreement aims to resolve the lawsuits by means of a third-party bankruptcy filing by one of Johnson & Johnson's subsidiary companies. A three-month voting period will commence, seeking consensus for a settlement encompassing all existing and prospective claims related to ovarian cancer.

Notably, ovarian cancer claims represent 99% of the talc-related lawsuits against J&J, with approximately 54,000 lawsuits consolidated in a federal court in New Jersey.

J&J has already faced rejection from courts regarding settlement through bankruptcy proceedings of its subsidiary, LTL Management, designed to assume the company's talc liabilities.

Maintaining its claim that its products are asbestos-free and do not cause cancer, J&J asserted that the majority of attorneys representing plaintiffs in cancer-related lawsuits support the proposed settlement.

Related News

Trump begins Gulf visit focusing on trillion-dollar economic deals

US to cut 'de minimis' tariff on China shipments to 54% from 120%

It also expressed confidence in achieving the 75% support threshold necessary for a bankruptcy settlement, effectively terminating legal proceedings and averting individuals from pursuing separate lawsuits.

The proposed settlement builds upon J&J's previous agreements, including settlements with approximately 95% of individuals who sued the company for mesothelioma, a rare cancer linked to asbestos exposure.

While the value of mesothelioma settlements was not disclosed, J&J reported a $2.7 billion incremental charge in the first quarter of 2024 to account for recent talc-related settlements.

J&J reiterated its commitment to defending against lawsuits while concurrently attempting to garner votes on the settlement. It also highlighted its success rate in ovarian cases over the past six years, prevailing in 95% of trials.

But significant verdicts have been awarded to plaintiffs, including a $2.12 billion award favoring 22 women who attributed their ovarian cancer to asbestos in J&J talc. Notably, in the past month, J&J was ordered to pay $45 million in a mesothelioma case.

Read more: Johnson & Johnson toxic children’s cough syrup recalled in Kenya

  • United States
  • Cancer
  • US
  • Johnson & Johnson

Most Read

Trump cut off contact with Netanyahu, senior Israeli official says

Trump cut off contact with Netanyahu: Israeli media

  • US & Canada
  • 9 May 2025
Pakistan downs an Indian jet and hits a military base in Kashmir escalation.

Pakistan downs 3 Indian jets, hits military base in Kashmir escalation

  • Politics
  • 7 May 2025
A Yemeni gunman walks past paintings depicting rockets and scenes in solidarity with Gaza, displayed on a roadside fence in Sanaa, Yemen, Monday, May 5, 2025 (AP)

Oman brokers US-Yemen ceasefire, Israelis in dark regarding deal

  • Politics
  • 6 May 2025
Saree

Yemeni Armed Forces target key Israeli sites, USS Truman

  • MENA
  • 7 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
Hezbollah Secretary-General Sheikh Naim Qassem gives a speech to commemorate martyr Sayyed Mustafa Badreddine on May 12, 2025 (Al Mayadeen Screengrab)
Politics

Israeli pressure doomed to fail, Resistance to prevail: Sheikh Qassem

AP
Politics

'Israel is spiraling' amid Gaza war, internal fractures: The Nation

UNIFIL
Politics

'Israel' hindering Lebanese Army deployment in south: UNIFIL

The scene at BBC Broadcasting House in London, after red paint was sprayed over the entrance. (AP)
Politics

UK journalists given guidebook after failing on covering Gaza genocide

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS