J&J agrees to pay $700 million in talc case – Italy-World

by times news cr

2024-06-12 04:29:08

(ANSA) – NEW YORK, JUNE 11 – The US pharmaceutical and cosmetics large Johnson & Johnson has agreed to pay 700 million {dollars} to resolve allegations that it misled prospects concerning the security of its talc-based powder merchandise, it introduced the lawyer common of New York. In its settlement with 42 US states and the District of Columbia, Johnson & Johnson admitted no wrongdoing despite the fact that it withdrew the product from the North American market in 2020. The New Jersey-based firm introduced a settlement in precept in January after having confronted hundreds of lawsuits over talc containing traces of asbestos believed to trigger ovarian most cancers. “No amount of cash can undo the ache attributable to Johnson & Johnson’s talc merchandise, however as we speak households can relaxation assured that the corporate is being held accountable for the hurt brought about,” Lawyer Basic Letitia mentioned in a press release James. New York State will obtain $44 million of the settlement quantity, to be paid in 4 installments over three years. (HANDLE).


2024-06-12 04:29:08

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