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Johnson & Johnson's talc subsidiary has filed for bankruptcy in an attempt to resolve numerous lawsuits alleging a
LINK between its talc products and ovarian cancer. The company is facing billions in claims, and has proposed a $6.5 billion settlement to resolve most of the U.S. lawsuits. This is the third bankruptcy filing by the subsidiary in recent years, highlighting the ongoing legal battle surrounding the safety of talc-based products.
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