NEW YORK, Aug 12 (Reuters) - Johnson & Johnson has cleared a key threshold of support for its proposed $6.5 billion settlement of tens of thousands of lawsuits alleging its baby powder and other talc products caused cancer, according to a Bloomberg report.
More than 75% of claimants voted in favor of the proposal, according to Bloomberg, a hurdle the company set for a third attempt at placing a subsidiary in bankruptcy protection to resolve the litigation.
J&J spokesperson Clare Boyle said the company could not comment while the vote tally was not final.
(Reporting by Dietrich Knauth; Editing by Will Dunham and Leigh Jones)