The deal, initially announced in January, is a significant step toward resolving the ongoing talc litigation against Johnson & Johnson.
Company Response
“Consistent with the plan we outlined last year, the company continues to pursue several paths to achieve a comprehensive and final resolution of the talc litigation,” Johnson & Johnson said in a statement. “That progress includes the finalization of a previously announced agreement that the company reached with a consortium of 43 state attorneys general to resolve their talc claims.”
The Johnson & Johnson $700 million talc deal marks a major development in the ongoing legal battles surrounding the safety of the company’s talc products. With the consent judgment pending approval, the settlement aims to address the health concerns raised by consumers and state authorities alike.
