Johnson & Johnson Will Pay $700 Million To Resolve Baby Powder Marketing Probe, Report Says

ToplineJohnson & Johnson will pay an estimated $700 million to resolve an investigation by more than 40 states into the pharmaceutical firm’s marketing of its talcum powder, according to Bloomberg, following thousands of lawsuits alleging it failed to warn customers about cancer risks.The pharmaceutical firm faces thousands of lawsuits alleging its talcum powder poses cancer risks. Getty Images Key FactsThe tentative agreement will end an ongoing probe into Johnson & Johnson’s talcum-based baby powder and w ...