Johnson & Johnson offers $6.5 billion settlement in baby powder cancer lawsuits

Liz Dowell

May 2, 2024 at 6:47 PM

ST. LOUIS — Johnson & Johnson is offering to pay nearly six and a half billion dollars in a settlement deal. The settlement deal aims to resolve lawsuits alleging that Johnson and Johnson’s “baby powder” products cause ovarian cancer. Johnson & Johnson deny all claims.

Ovarian cancer claims account for 99% of J & J’s lawsuits. If 75% of the lawsuits’ petitioners approve the deal, Johnson and Johnson may file a “pre-packaged” Chapter 11 bankruptcy. The company would pay out the settlement over 25 years.

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Johnson & Johnson offers $6.5 billion settlement in baby powder cancer lawsuits

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