A U.S. court has dealt a significant blow to Johnson & Johnson's (J&J) efforts to shield itself from thousands of lawsuits alleging its talc-based products caused cancer. In a major setback for the pharmaceutical giant, a federal judge has rejected the company's bankruptcy strategy, which aimed to consolidate and settle the numerous claims in a single, controlled environment. The decision paves the way for thousands of individual lawsuits to proceed, potentially exposing J&J to billions of dollars in damages. The ruling is a major victory for plaintiffs who claim J&J's talc products, including its popular Baby Powder, contain asbestos that caused them to develop ovarian cancer and other diseases.
U.S. court rejects J&J bankruptcy strategy for thousands of talc lawsuits Reuters
