---
title: "J&J has enough support from claimants for $6.5 billion talc settlement - Bloomberg"
description: "NEW YORK, Aug 12 (Reuters) - Johnson & Johnson JNJ.N has cleared a key threshold of support for its proposed $6.5 billion settlement of tens of thousands of lawsuits alleging its baby powder and other talc products caused cancer, according to a Bloomberg report."
type: "NewsArticle"
publisher: "Daily Maverick"
site: "https://www.dailymaverick.co.za"
section: "Newsdeck"
author: "Bloomberg"
author_url: "https://www.dailymaverick.co.za/author/bloomberg/"
canonical_url: "https://www.dailymaverick.co.za/article/2024-08-12-jj-has-enough-support-from-claimants-for-6-5-billion-talc-settlement-bloomberg/"
published: "2024-08-12T21:16:19"
updated: "2024-08-12T21:16:20"
lang: "en-ZA"
word_count: 54
---

# J&J has enough support from claimants for $6.5 billion talc settlement - Bloomberg

> NEW YORK, Aug 12 (Reuters) - Johnson & Johnson JNJ.N has cleared a key threshold of support for its proposed $6.5 billion settlement of tens of thousands of lawsuits alleging its baby powder and other talc products caused cancer, according to a Bloomberg report.

By Bloomberg · Published 12 August 2024, 23:16 SAST · Updated 12 August 2024, 23:16 SAST

## Content

By Dietrich Knauth

More than 75% of claimants voted in favor of the proposal, according to Bloomberg, a hurdle the company set for a third attempt at placing a subsidiary in bankruptcy protection to resolve the litigation.

J&J spokesperson Clare Boyle said the company could not comment while the vote tally was not final.