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By Dietrich Knauth

NEW YORK, July 27 (Reuters) - Johnson & Johnson said on Monday it has ‌reached a $5.5 billion settlement that will resolve ‌tens of thousands of lawsuits alleging its baby powder and ​other talc products cause ovarian cancer.

J&J said the settlement will resolve about 69,000 cases consolidated in federal court, and related cases in state court, ‌totaling 99.75% of ⁠the remaining talc claims. Plaintiffs' law firms confirmed the deal on Monday, ⁠saying that it was a good resolution after a decade-long court battle.

J&J won a significant court ​victory in ​the long-running legal battle ​last week, when ‌a federal judge cast doubt on individual plaintiffs' ability to prove that talc specifically caused their ovarian cancer.

J&J has denied that its talc products caused cancer, saying that talc was safe and ‌did not contain asbestos. The ​company stopped selling talc-based ​baby powder in ​the U.S. in 2020, switching to ‌a cornstarch product.

The litigation resumed ​in March ​2025, after being put on hold for more than three years during J&J's repeated failed ​attempts to ‌resolve the lawsuits through a shell company's ​bankruptcy.

(Reporting by Dietrich Knauth; Editing by Alexia ​Garamfalvi and Neil Fullick)