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J&J's $4.69 Billion Talc Verdict May Open Floodgates to Suits

  • More cancer patients likely to target baby powder, experts say
  • J&J denies asbestos has ever been found in its products
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Why J&J Investors Aren't So Concerned About $4.69B Talc Verdict

Johnson & Johnson should ready itself for a flood of new lawsuits after a jury ordered the company to pay $4.69 billion to 22 women who blamed their ovarian cancer on asbestos in its talc products, legal experts said.

There are already more than 9,000 suits claiming talc-based baby powder causes ovarian and asbestos-specific cancers. That number is likely to jump in the wake of the Missouri jury’s decision, said Elizabeth Burch, a University of Georgia law professor who teaches about mass-tort law.