GSK shares surged 6% in London action as the U.K. pharmaceutical said it reached a settlement over its Zantac heartburn medication litigation with a...
GSK UK:GSK shares surged 6% in London action as the U.K. pharmaceutical said it reached a settlement over its Zantac heartburn medication litigation with a plaintiff in California ahead of the trial slated to start July 24 in state court. Other companies impacted by Zantac litigation fears, Haleon UK:HLN and Sanofi FR:SAN, also advanced though not by as much. GSK didn’t say the financial terms of the settlement but did say it did not admit liability.
pharmaceutical said it reached a settlement over its Zantac heartburn medication litigation with a plaintiff in California ahead of the trial slated to start July 24 in state court. Other companies impacted by Zantac litigation fears, Haleon HLN and Sanofi SAN , also advanced though not by as much. GSK didn’t say the financial terms of the settlement but did say it did not admit liability.
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