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Johnson & Johnson faces 25,000 US lawsuits over its baby powder. Some users say talc in the product caused their cancers
5 days ago - By Business Insider
Justin Sullivan/Getty Images
Johnson & Johnson has set aside $3.9 billion in "litigation expenses," it said Monday.
This includes funds related to the talc scandal, where its baby powder was linked to asbestos.
As of January 3, it faced 25,000 US lawsuits over its baby powder, the pharmaceutical giant said.
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Pharmaceuticals giant Johnson & Johnson has set aside $3.9 billion in "litigation expenses," including dealing with a years-long battle over its talc baby powder, of which one bottle was found to contain asbestos. The company set...
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