J&J advances $6.48 billion settlement of talc cancer lawsuits ...Middle East

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J&J advances $6.48 billion settlement of talc cancer lawsuits
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Johnson & Johnson said on Wednesday it is moving forward with a $6.48 billion proposed settlement of tens of thousands of lawsuits alleging that its baby powder and other talc products contain asbestos and cause ovarian cancer. The deal would allow it to resolve the lawsuits through a third bankruptcy filing of a subsidiary company, J&J said.

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