Johnson & Johnson Faces Setback as Bankruptcy Court Rejects Talc Claims
Johnson & Johnson’s struggles with legal battles over talc have taken a significant turn, marking a challenging period for the pharmaceutical giant. In Indianapolis, Indiana, the company faced a considerable setback related to its bankruptcy proceedings concerning claims linked to its talc-based products. Following a ruling earlier this month, a bankruptcy judge dismissed Johnson & Johnson’s attempt to create a restructured path through Chapter 11. The firm had sought to address thousands of lawsuits claiming that its talc products caused cancer. This bankruptcy maneuver was part of a broader strategy to shield itself financially from … Read more