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International Business Times
International Business Times
Business
Ann Resuma

Johnson & Johnson To Pay $700 Million As Talc Settlement

Johnson & Johnson is set to pay $700 million to 42 U.S. states and Washington, D.C., to settle an investigation concerning allegations that its talc-based baby powder causes cancer.

The company was bombarded with lawsuits claiming that it misled consumers into believing that the talc products were safe, and the settlement will resolve these charges.

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