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GSK, Sanofi and Haleon shares stabilise after Zantac litigation slump

2022.08.12 11:26

GSK, Sanofi and Haleon shares stabilise after Zantac litigation slump
FILE PHOTO: Zantac heartburn pills are seen in this picture illustration taken October 1, 2019. REUTERS/Brendan McDermid/Illustration/File Photo

LONDON (Reuters) – Shares in GSK, Sanofi (NASDAQ:SNY)

The companies’ share prices had fallen sharply this week on investor concern about the litigation over potential cancer-causing impurities that prompted the drug’s withdrawal from markets in 2019 and 2020. The first U.S. trial is expected to start this month.

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