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  • Filing Shows Johnson & Johnson Sets Aside Almost $4 Billion for Talc Verdict

Filing Shows Johnson & Johnson Sets Aside Almost $4 Billion for Talc Verdict

According to Reuters news service, drugmaker Johnson & Johnson set aside $3.9 billion in litigation expenses in 2020, which it said was “primarily associated with talc-related reserves and certain settlements”.

The company faces 25,000 lawsuits by former users of its baby powder who say asbestos-laced talc in the product caused their cancers, it said in a recent securities filing. Johnson & Johnson has faced intense scrutiny over the safety of its baby powder following a 2018 Reuters report here that found it knew for decades about asbestos in the talc.

Read the entire story here.

Contact the Ovarian Cancer Lawyers at Nass Cancelliere Today

If you or a loved one has been diagnosed with ovarian cancer as a result of exposure to asbestos contaminated talc, contact the experienced attorneys at Nass Cancelliere. For more than 35 years, the Philadelphia-based law firm of NASS CANCELLIERE has represented 4,000 people who have contracted MESOTHELIOMA and other forms of asbestos-related illness. Our attorneys have tried over 1,000 cases throughout Pennsylvania and New Jersey and we have collected over $500 million for our clients. Learn more by calling 215-546-8200 to speak with an attorney.

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