Johnson & Johnson to Return to Tort System on Talc Claims

Will reverse about $7 billion from amounts previously reserved for the bankruptcy resolution, Johnson & Johnson says in a statement.

• Has no intent to settle or pay plaintiff lawyers on claims
• NOTE: earlier, J&J Plan for Bankruptcy to End Talc Cancer Claims Rejected (3)

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Zoe Ma in Sydney at zma13@bloomberg.net

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Aradhana Aravindan

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