Johnson and Johnson offers $5.5bn to settle talc cancer lawsuits

Johnson & Johnson has agreed to pay $5.5 billion to resolve nearly 70,000 US lawsuits alleging its talc-based baby powder caused ovarian cancer. The settlement draws a line under a legal saga that has shadowed the company for over a decade and forced it to pull talc products from the US and Canadian markets. It is one of the largest consumer-product liability settlements in American history.