GlaxoSmithKline headquarters. Courtesy photo GlaxoSmithKline Settles Most Zantac Lawsuits for $2.2B
The settlement, announced on Wednesday, resolves 93% of all Zantac cases in state courts against GlaxoSmithKline.
October 09, 2024 at 04:59 PM
4 minute read
What You Need to Know
- GlaxoSmithKline agreed on Sept. 17 to settle out of the first Zantac trial in California, which began this month in Oakland.
- GSK won two defense verdicts in Illinois earlier this year but faced 75,000 cases in Delaware state courts.
- The settlement is with 10 plaintiffs firms, including Watts Law Firm and Wisner Baum.
GlaxoSmithKline has agreed to pay up to $2.2 billion to settle 80,000 Zantac lawsuits.
Wednesday's announcement resolves 93% of all Zantac cases in state courts against GSK. And the deal comes after biopharma company agreed on Sept. 17 to settle out of the first Zantac trial in California, which began this month in Alameda County Superior Court in Oakland.
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