Imerys Unit Settles Talc Claims for at Least $5 Million - Bloomberg

Imerys Unit Settles Talc Claims for at Least $5 Million

  • Supplier agrees to accord to lawsuits over J&J’s baby powder
  • Women still suing J&J over claims product caused cancer

Photographer: Scott Eells/Bloomberg

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A unit of Imerys SA agreed to settle claims by 22 women that talc it supplied to Johnson & Johnson for baby powder was tainted with asbestos and caused their cancers.

The Paris-based minerals company’s unit didn’t acknowledge that the talc was tainted or dangerous. The terms of the settlement are closely guarded and won’t be made public. But according to two people familiar with the matter, the accord includes a payment of at least $5 million.