Johnson & Johnson Faces Setback in Talc Case as Bankruptcy Court Challenges Mount
Trenton, New Jersey — Johnson & Johnson is grappling with significant setbacks in its legal strategy related to its talc-based products, following a crucial ruling in a bankruptcy case. The pharmaceutical giant sought refuge in the courts as it faced thousands of lawsuits claiming that its talcum powder is linked to serious health issues, including cancer. In a notable decision last week, a federal judge rejected the company’s attempt to utilize Chapter 11 bankruptcy to resolve these claims. Johnson & Johnson had previously shifted its talc liabilities to a subsidiary as part of a controversial … Read more