GlaxoSmithKline Reaches $2.2 Billion Settlement in Zantac Lawsuits
GSKGSK(GSK) Gurufocus·2024-10-10 01:50

GlaxoSmithKline (GSK, Financial) has agreed to a substantial settlement in connection with lawsuits related to its Zantac product in U.S. state courts. The company announced that it reached settlements with 10 plaintiff firms, which represent a significant 93% of the cases filed against the pharmaceutical company regarding Zantac. The total settlement amount is up to $2.2 billion. ...