Johnson & Johnson

Cancer patient wins $18.8M from J&J in baby powder trial

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Cancer patient wins .8M from J&J in baby powder trial

Johnson & Johnson has to pay $18.8 million to a California man who claimed he got cancer from exposure to the NJ-based company’s talc-containing baby powder, a jury decided Tuesday. Emory Hernandez Valadez, 24, said he developed mesothelioma, an aggressive and deadly cancer, in the tissue around his heart from heavy exposure to asbestos and … Read more

J&J shares jump as it proposes $9B talc lawsuit settlement

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J&J shares jump as it proposes B talc lawsuit settlement

Johnson & Johnson’s shares rose nearly 4% to hit a near two-month high of $164.48 on Wednesday as the company’s $8.9 billion offer to settle talc-related lawsuits gained support of thousands of claimants, easing an overhang on its plans to list consumer health unit Kenvue. Some analysts were positive about the new settlement that is far bigger than the original … Read more