Tag

Cancer Lawsuit

All articles tagged with #cancer lawsuit

business2 years ago

GSK settles first Zantac cancer lawsuit, shares surge.

GlaxoSmithKline (GSK) has agreed to settle a lawsuit alleging that its discontinued heartburn drug Zantac caused cancer, preventing the first such case from going to trial next month. The settlement was reached with Californian resident James Goetz, who says he developed bladder cancer from taking the drug. GSK did not admit any liability and said it would vigorously defend itself in any other Zantac cases. The trial was due to start on July 24, the first test of how Zantac cancer claims would fare before a jury.