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$163 Billion Pharmaceutical Giant Pfizer to Pay $200 Million to $250 Million to Settle 10,000 Lawsuits for Concealing Cancer Risks for Heartburn Drug Zantac Sold Between 1998 to 2006 & Discontinued in 2020 Due to Potential Link to Carcinogen N-nitrosodimethylamine, GSK Previously Reached Out-of-Court Settlement for Zantac Cancer Lawsuits, Sanofi Paid $100 Million for 4,000 Cases

16th May 2024 | Hong Kong

Pharmaceutical giant Pfizer with $163 billion market capitalization (15/5/24) has been reported to agree to pay $200 million to $250 million to settle more than 10,000 lawsuits for concealing cancer risks for heartburn drug Zantac sold between 1998 to 2006 and discontinued in 2020 due to potential link to carcinogen N-nitrosodimethylamine.   Pharmaceutical giant GSK had previously reached out-of-court settlement for Zantac cancer lawsuits, and Sanofi paid $100 million for around 4,000 cases.  

“ $163 Billion Pharmaceutical Giant Pfizer to Pay $200 Million to $250 Million to Settle 10,000 Lawsuits for Concealing Cancer Risks for Heartburn Drug Zantac Sold Between 1998 to 2006 & Discontinued in 2020 Due to Potential Link to Carcinogen N-nitrosodimethylamine, GSK Previously Reached Out-of-Court Settlement for Zantac Cancer Lawsuits, Sanofi Paid $100 Million for 4,000 Cases “

 



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$163 Billion Pharmaceutical Giant Pfizer to Pay $200 Million to $250 Million to Settle 10,000 Lawsuits for Concealing Cancer Risks for Heartburn Drug Zantac Sold Between 1998 to 2006 & Discontinued in 2020 Due to Potential Link to Carcinogen N-nitrosodimethylamine, GSK Previously Reached Out-of-Court Settlement for Zantac Cancer Lawsuits, Sanofi Paid $100 Million for 4,000 Cases




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