{"id":23392,"date":"2024-02-02T04:56:46","date_gmt":"2024-02-02T10:56:46","guid":{"rendered":"https:\/\/ustower.net\/?p=23392"},"modified":"2024-02-02T04:56:50","modified_gmt":"2024-02-02T10:56:50","slug":"gsk-confidentially-settles-another-zantac-lawsuit-in-california","status":"publish","type":"post","link":"https:\/\/ustower.net\/?p=23392","title":{"rendered":"GSK confidentially settles another Zantac lawsuit in California"},"content":{"rendered":"\n<p class=\"has-medium-font-size\">Feb 1 (Reuters) &#8211; GSK&nbsp;<a href=\"https:\/\/www.reuters.com\/markets\/companies\/GSK.L\"><u>(GSK.L), opens new tab<\/u><\/a>&nbsp;said on Thursday it agreed to confidentially settle one more lawsuit in California that alleged its discontinued heartburn drug Zantac caused cancer, the latest in a series of settlements to end costly litigation.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">The case was set to go to trial on Feb. 20 and instead, will now be dismissed, the British drugmaker said in a statement.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">GSK continued to maintain that it does not admit to any liability.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">In 2019, some manufacturers and pharmacies halted Zantac sales over concerns that its active ingredient, ranitidine, degraded over time to form a chemical called NDMA. While NDMA can be present in low levels in food and water, research has found it causes cancer in larger amounts.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">The US Food and Drug Administration (FDA) in 2020 pulled Zantac and its generic versions off the market, triggering a wave of lawsuits.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">As of October, GSK still faced about 79,000 cases related to Zantac in the United States, with 73,000 of them in Delaware.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">California is generally seen as a more challenging legal environment for multinational companies as courts are known to be friendlier to plaintiffs.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">Analysts have estimated total settlement costs for GSK of around $5 billion, set to be realised in the first quarter of 2024.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><a href=\"https:\/\/www.reuters.com\/business\/healthcare-pharmaceuticals\/gsk-confidentially-settles-another-zantac-lawsuit-california-2024-02-01\/\">Reuters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Feb 1 (Reuters) &#8211; GSK&nbsp;(GSK.L), opens new tab&nbsp;said on Thursday it agreed to confidentially settle one more lawsuit in California that alleged its discontinued heartburn drug Zantac caused cancer, the latest in a series of settlements to end costly litigation. The case was set to go to trial on Feb. 20 and instead, will now [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":23393,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5784],"tags":[1189,26337,4435,6942,1795,26338],"class_list":["post-23392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health","tag-california","tag-gsk","tag-litigation","tag-secret","tag-settlement","tag-zantac"],"_links":{"self":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/23392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23392"}],"version-history":[{"count":1,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/23392\/revisions"}],"predecessor-version":[{"id":23394,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/23392\/revisions\/23394"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/media\/23393"}],"wp:attachment":[{"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}