British pharmaceutical company GSK seeks dismissal of Zantac prostate cancer case in Florida.

British pharmaceutical company GSK is seeking the dismissal of a Zantac case in Florida, where plaintiffs allege the discontinued heartburn drug caused prostate cancer. This move follows a Florida court ruling in favor of GSK and other defendants, which excluded expert testimony linking the active ingredient in Zantac, runitidine, to an increased risk of prostate cancer. The company's shares have fallen nearly 10% since the Delaware decision in June, with analysts estimating total settlement costs for GSK at around $5 billion.

August 16, 2024
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