Stock Market News

Haleon rejects Zantac indemnification requests from GSK, Pfizer

2022.09.20 02:38



© Reuters. The company logo for Haleon and the trading info is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2022. REUTERS/Brendan McDermid

LONDON (Reuters) – Haleon on Tuesday said it had notified GSK and Pfizer (NYSE:) that it had rejected their requests for indemnification in relation to U.S.-based litigation over the heartburn drug, Zantac.

More than 2,000 legal cases related to Zantac have been filed in the United States over allegations that the compound contains probable carcinogens.

Zantac, originally marketed by a forerunner of GSK, has been sold by several companies at different times, including Pfizer, Boehringer Ingelheim and Sanofi (NASDAQ:) as well as a plethora of generic drugmakers.

Haleon, spun out as an independent company in July, comprises consumer health assets once owned by GSK and Pfizer.



Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 96,351.82 0.73%
ethereum
Ethereum (ETH) $ 3,393.82 0.66%
tether
Tether (USDT) $ 0.998998 0.14%
xrp
XRP (XRP) $ 2.19 0.10%
bnb
BNB (BNB) $ 702.61 1.00%
solana
Solana (SOL) $ 190.13 0.62%
dogecoin
Dogecoin (DOGE) $ 0.318416 0.47%
usd-coin
USDC (USDC) $ 1.00 0.14%
staked-ether
Lido Staked Ether (STETH) $ 3,390.68 0.84%
cardano
Cardano (ADA) $ 0.894571 2.61%
tron
TRON (TRX) $ 0.258377 2.74%
avalanche-2
Avalanche (AVAX) $ 37.94 0.11%
the-open-network
Toncoin (TON) $ 5.79 1.15%
chainlink
Chainlink (LINK) $ 23.23 1.09%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,061.40 1.57%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 1.29%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,345.81 0.45%
sui
Sui (SUI) $ 4.32 1.06%
bitget-token
Bitget Token (BGB) $ 8.34 22.17%
hedera-hashgraph
Hedera (HBAR) $ 0.285354 1.58%
stellar
Stellar (XLM) $ 0.361744 0.43%
polkadot
Polkadot (DOT) $ 7.16 2.09%
weth
WETH (WETH) $ 3,392.18 0.70%
hyperliquid
Hyperliquid (HYPE) $ 27.16 8.48%
bitcoin-cash
Bitcoin Cash (BCH) $ 454.32 2.87%
leo-token
LEO Token (LEO) $ 9.20 3.08%
uniswap
Uniswap (UNI) $ 14.05 7.80%
litecoin
Litecoin (LTC) $ 104.35 0.34%
pepe
Pepe (PEPE) $ 0.000018 1.88%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,597.18 1.19%
near
NEAR Protocol (NEAR) $ 5.20 1.06%
ethena-usde
Ethena USDe (USDE) $ 0.998122 0.10%
usds
USDS (USDS) $ 1.00 0.06%
aave
Aave (AAVE) $ 341.76 0.59%
internet-computer
Internet Computer (ICP) $ 10.57 0.12%
aptos
Aptos (APT) $ 9.07 0.69%
crypto-com-chain
Cronos (CRO) $ 0.153604 1.42%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.492513 1.16%
mantle
Mantle (MNT) $ 1.21 1.49%
ethereum-classic
Ethereum Classic (ETC) $ 26.64 2.09%
vechain
VeChain (VET) $ 0.047662 0.25%
render-token
Render (RENDER) $ 7.34 2.12%
bittensor
Bittensor (TAO) $ 484.51 1.22%
whitebit
WhiteBIT Coin (WBT) $ 24.60 0.25%
monero
Monero (XMR) $ 191.72 0.35%
mantra-dao
MANTRA (OM) $ 3.64 0.31%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.32 2.72%
dai
Dai (DAI) $ 0.999777 0.12%
arbitrum
Arbitrum (ARB) $ 0.779162 2.27%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.15 8.88%