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Johnson&Johnson will pay $6.5 billion to resolve a talcum powder cancer lawsuit

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Johnson&Johnson announced on May 1st a restructuring plan proposed by its subsidiary LLT Management LLC (LLT) to comprehensively and ultimately resolve all claims related to ovarian cancer in current and future talc powder lawsuits against the company and its affiliates in the United States. The plan promises to pay approximately $6.475 billion in compensation to claimants over a period of 25 years.
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