June 1, 2018 / 4:28 PM / a year ago

Imerys unit settles talc claims for at least $5 million: Bloomberg

FILE PHOTO: A bottle of Johnson and Johnson Baby Powder is seen in a photo illustration taken in New York, February 24, 2016. REUTERS/Mike Segar/Illustration

(Reuters) - A unit of French minerals company Imerys SA settled claims by 22 women related to talc supplied to Johnson & Johnson for making baby powder for at least $5 million, Bloomberg reported on Friday, citing people familiar with the matter.

Imerys, which did not acknowledge the talc was tainted or dangerous, faces about 9,000 claims that allege the product it supplied to J&J contained asbestos and caused cancers, according to the report.

“Imerys has reached a resolution with the 22 Ingham plaintiffs and is being dismissed from the action,” company spokeswoman Gwen Myers said in an emailed statement, without disclosing the details of the settlement.

J&J remains the named defendant in a trial set to start June 6 in St. Louis, Missouri.

“Johnson’s Baby Powder does not contain asbestos or cause ovarian cancer and we will continue to defend the safety of our product,” J&J spokeswoman Carol Goodrich told Reuters.

Last week, a mistrial was declared in South Carolina when a jury on one of the cases that named both companies could not agree on a verdict.

Reporting by Tamara Mathias in Bengaluru; Editing by Anil D'Silva

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