Bisnis.comJAKARTA- Johnson & Johnson will pay US$8.9 billion or approximately Rs 132.73 trillion to settle a 25-year sentence over allegations of talcum powder baby products cancer.
Launched from Channel News Asia, the New Jersey, United States (US)-based company said settlement fees that require bankruptcy court approval can resolve all claims arising from litigation. on cosmetic powders fairly and effectively.
Johnson & Johnson’s chairman said the $8.9 billion settlement fee would be paid to tens of thousands of plaintiffs through its subsidiary, LTL Management, which was set up specifically to handle consumer claims.
As we know, this pharmaceutical giant in the United States has faced thousands of lawsuits for 25 years for allegations that the talcum powder it produces contains traces of asbestos which is a cause of cancer of the stomach. ‘ovary.
Nevertheless, Johnson & Johnson never admitted its error. The company only decided to stop manufacturing and selling baby powder in the United States and Canada in May 2020.
Johnson & Johnson vice president of litigation, Erik Haas, said the lawsuit was a false claim that was not based on scientific data.
Nor, in his view, is the company’s proposed settlement fee an admission of guilt or an indication that it has changed its former position that the product is safe.
“The company continues to believe these claims to be untrue. However, resolving these issues as quickly and effectively as possible is in the best interests of the company and all stakeholders,” he said in a statement quoted Wednesday ( 5/4/2023).
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