Money & The Economy

Johnson & Johnson Shells Out Nearly $9 Billion To Settle Cancer Allegations

Johnson & Johnson agreed to dole out $8.9 billion to numerous people who alleged the pharmaceutical giant’s talcum powder products led to cancer on Tuesday, according to a proposal released in filing Tuesday.

The plaintiffs include the relatives of people who perished from ovarian cancer and mesothelioma allegedly due to Johnson & Johnson products; if the settlement is approved, it will put an end to their long legal saga, according to The New York Times. Under Johnson & Johnson’s proposed settlement, the giant would pay the nearly $9 billion over the next 25 years to the plaintiffs.

A team of lawyers representing the almost-70,000 plaintiffs characterized this deal as a huge win in the legal battle that has spanned over a decade, according to the NYT.

While baby powder is not one of Johnson & Johnson’s highest-selling products, it is one of the giant’s most recognizable, according to the NYT. Many plaintiffs claimed it was contaminated with asbestos.

“Even though $8.9 billion sounds like a lot of money, when you spread it out it comes out to not very much at all for the people who suffered,” said lawyer Jason Itkin, whose firm is handling 10,000 cases related to this matter, according to the NYT.

Johnson & Johnson was aware there was asbestos in their talc products, according to Reuters. The company did not inform the FDA that at least three tests by three separate labs between 1972 and 1975 discovered the carcinogen, including at “rather high” levels in one case.

“The Company continues to believe that these claims are specious and lack scientific merit,” said Erik Haas, Johnson & Johnson’s worldwide vice president of litigation, in a press release on Tuesday.

The giant recalled five of its sunscreen products after low levels of the cancer-causing chemical Benzene were discovered in some samples, the company announced in 2021.

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org

Jason Cohen

Share
Published by
Jason Cohen

Recent Posts

Can Trump Really Denaturalize Somalis En Masse?

President Donald Trump would like to see Somali-American criminals denaturalized at a much larger scale,…

4 hours ago

Minnesota’s ‘Vouching’ Disaster Proves America Needs SAVE Act

Minnesota’s election system stands as one of the worst in the nation, and its “vouching”…

4 hours ago

Trump Makes Clear What Happens To Iran If He’s Assassinated

In an interview broadcast Tuesday night, President Donald Trump told NewsNation host Katie Pavlich that…

4 hours ago

Favorite Household Cleaners You Can Make Yourself for Just Pennies

It pretty much kills me to spend money for things I know I can make…

4 hours ago

‘Rugged Individualism’ Leads to Community

The most fertile soil for collectivism is isolation. During his inaugural address, New York City…

4 hours ago