GSK to seek dismissal of Florida case against heartburn drug Zantac

(Reuters) - British drugmaker GSK said on Friday it would seek a dismissal of an upcoming Zantac case in Florida, where plaintiffs alleged that its discontinued heart burn drug had caused prostate cancer.

The move followed a Florida court ruling on Thursday in favour of GSK and other defendants. The ruling excluded testimony from experts that ranitidine, the active ingredient in Zantac and generic versions of the drug, was a significant risk factor for prostate cancer in the Wilson case.

Other defendants include Boehringer Ingelheim, Pfizer (NYSE:PFE ) and Sanofi (NASDAQ:SNY ), which sold the drug at different times.

GSK said the Florida court decision echoed a December 2022 federal court ruling which rejected all expert evidence by the plaintiffs and dismissed all multidistrict litigation cases alleging bladder, esophageal, gastric, liver, or pancreatic cancer.

In June, a Delaware court's ruling permitted more than 70,000 lawsuits to go forward and allowed plaintiffs to present expert testimony that Zantac causes cancer. GSK is appealing that decision.

The majority of the more than 74,000 Zantac cases are in Delaware, and four are in Florida.



About five years ago, the U.S. Food and Drug Administration asked manufacturers to pull the drug off the market over concerns that ranitidine could degrade into a chemical called NDMA over time or when exposed to heat.

GSK shares have fallen nearly 10% since the Delaware decision in June. Analysts had estimated total settlement costs for the company of around $5 billion.

Source: Investing.com

Publicații recente
US southeast faces daunting cleanup from Helene as death toll rises
29.09.2024 - 03:00
UBS chair warns against big increase in capital requirements, newspaper reports
29.09.2024 - 02:00
Steward Health CEO who refused to testify to US Senate will step down
28.09.2024 - 23:00
Exclusive-TPG in lead to buy stake in Creative Planning at $15 billion valuation, sources say
28.09.2024 - 22:00
US southeast faces daunting clean up from Helene; death toll rises
28.09.2024 - 22:00
UniCredit CEO Orcel attended virtual meeting with Commerzbank, source says
28.09.2024 - 17:00
Online sellers on Walmart's Flipkart sue India watchdog over antitrust probe
28.09.2024 - 16:00
If your AI seems smarter​, it's thanks to smarter human trainers
28.09.2024 - 15:00
Thyssenkrupp steel head prepares staff for 'tough' cuts
28.09.2024 - 15:00
Why gene therapy for sickle cell is slow to catch on with patients
28.09.2024 - 15:00
Here's how Morgan Stanley expects the US election to impact textile retailers
28.09.2024 - 13:00
How to prepare your portfolio for Q4
28.09.2024 - 12:00
Why Wells Fargo says investors have key decisions to make amid Fed easing cycle
28.09.2024 - 11:00
Nuclear power renaissance on the way: UBS
28.09.2024 - 11:00
Investing.com's stocks of the week
28.09.2024 - 11:00

© Analytic DC. All Rights Reserved.

new
Prezentare generală a pieței Cheltuielile de consum din SUA au înregistrat o creștere moderată în august
Bine ați venit în mesageria de suport!!
*
*

Solicitarea dvs. a fost trimisă cu succes!
Veți fi contactat în scurt timp.