In SEC Filing, J&J Says It Spent $3.9B In 2020 On Talc-Related Litigation

Mealey's (February 24, 2021, 2:11 PM EST) -- NEW BRUNSWICK, N.J. — Johnson & Johnson’s talc-related reserves and settlements were the largest driver of the company’s health care segment’s litigation expenses, which rose to $3.9 billion in 2020 compared to $400 million in 2019, the company announced in a Feb. 22 Securities and Exchange Commission filing....