Drugmaker shares jump as Zantac lawsuits dismissed
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Drugmaker shares jump as Zantac lawsuits dismissed
STORY: Four major drugmakers have been spared thousands of U.S. lawsuits.A judge on Tuesday (December 6) found claims that the heartburn drug Zantac caused cancer were not supported by sound science.The ruling knocked out 50,000 claims in federal court for GSK, Pfizer, Sanofi and Boehringer Ingelheim.Lawyers for the plaintiffs said they were ...
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16 reactions | GSK said it agreed to settle another lawsuit in California alleging its discontinued heartburn drug Zantac caused cancer, as the British drugmaker sought to end costly litigation that has weighed on shares https://reut.rs/48LNN9M | Reuters | Facebook
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16 reactions | GSK said it agreed to settle another lawsuit in California alleging its discontinued heartburn drug Zantac caused cancer, as the British drugmaker sought to end costly litigation that has weighed on shares https://reut.rs/48LNN9M | Reuters | Facebook
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9.9K views · 85 reactions | OFF THE SHELVES: The FDA has weighed in on the heartburn medication Zantac, saying limited testing shows levels of a carcinogen that are unacceptably high, as Walmart joins other major retailers in suspending sales of Zantac and generic forms of the drug. David Muir reports. https://abcn.ws/2oBL699 | ABC World News Tonight with David Muir | Facebook
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16 reactions | GSK said it agreed to settle another lawsuit in California alleging its discontinued heartburn drug Zantac caused cancer, as the British drugmaker sought to end costly litigation that has weighed on shares https://reut.rs/48LNN9M | Reuters | Facebook
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Zantac, an over-the-counter medication used to treat heartburn, may contain low levels of a cancer-causing chemical, according to health officials; however, the U.S. Food and Drug Administration says patients can keep taking Zantac while it investigates how the agent got into the medication. https://cbsn.ws/2O3VEsj | CBS Evening News
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