In Talc Litigation On ‘Baseless Scientific Claims,’ J&J Says Settlement Offers Plaintiffs 'Certainty’

First-Quarter Results Including 7.4% Consumer Health Sales Growth Prompt Guidance Boost

Firm reiterates stance on safety of talc as it reports 7.4% Q1 growth in consumer health product sales contributes to earnings guidance boost. It reports $3.85bn consumer health sales with US sales up 11.4% to $1.74bn and international sales 4.4% to $2.12bn.

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Johnson & Johnson is prepared to “put dollars towards, quite frankly, baseless scientific claims” to settle litigation alleging the talc products it previously marketed are linked to cancer.

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