Johnson & Johnson has agreed to a $5.5 billion settlement to resolve a massive wave of lawsuits claiming its talc-based products, including baby powder, led to ovarian cancer. This move aims to conclude years of legal battles by addressing approximately 69,000 federal and state cases, effectively settling 99.75% of the pending litigation. While the company maintains that the allegations are "meritless," it chose to settle the claims to bring the matter to a close.

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4 hours ago