Johnson & Johnson offers up to $5.5 billion to settle baby powder cancer lawsuits

By Anna Cooban, CNN (CNN) — Johnson & Johnson has set aside $5.5 billion to resolve tens of thousands of US lawsuits alleging that its talcum powder-based products caused ovarian cancer. The pharmaceutical giant has offered to pay plaintiffs up to $3 billion in 2027, with any remaining payouts made after 2028. It said in