Overview

• Johnson & Johnson will pay $700 million to settle claims of deceptive marketing of talc-based products.
• The settlement involves 42 states and Washington, D.C., with payments distributed over four years.
• The company will cease manufacturing and selling talc-based products in the U.S.
• Despite the settlement, Johnson & Johnson did not admit to any wrongdoing.
• The company still faces tens of thousands of individual lawsuits related to talc products.