Johnson & Johnson Faces Setback as Bankruptcy Court Challenges Talc Verdicts
In Wilmington, Delaware, Johnson & Johnson faces a significant setback in its ongoing legal battle over its talc-based products. A federal bankruptcy court has ruled against the company in a case stemming from allegations connecting its talc to various health risks, including cancer. This decision marks a pivotal moment for the pharmaceutical giant, as it seeks to manage a growing number of lawsuits related to its talcum powder. The court’s ruling comes amid an aggressive push by Johnson & Johnson to navigate through a wave of litigation that has posed serious reputational and financial challenges. … Read more