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Story summary
- Johnson & Johnson announced a $5.5 billion settlement to resolve lawsuits alleging its talc products caused ovarian cancer.
- The settlement covers roughly 76,000 claims and requires 95% acceptance to become final.
- Johnson & Johnson will pay $3 billion in 2027 and more in 2028, with total payouts possibly over $7 billion because the settlement does not cap liability.
- A federal judge doubted plaintiffs could prove talc caused ovarian cancer.
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