WebShares of Haleon GSK and Sanofi rebounded Friday, as the companies pushed back on investor concerns about consumer litigation over the heartburn drug Zantac. WebHaleon PLC said Friday that it hasn't been notified about potential negative implications of U.S. lawsuits over discontinued heartburn drug Zantac. The consumer-healthcare …
GSK, Haleon Stocks Drop After Setback on Zantac Cancer …
WebAug 11, 2024 · Around 1400 GMT, GSK shares were down 6.8%, Sanofi’s were down 6.9% and Haleon’s down 5.6%. GSK and Sanofi at various points sold the drug – originally branded as Zantac – which US regulators ordered off the market in 2024. Haleon, spun out as an independent listed company last month, comprises consumer health assets once … WebAug 11, 2024 · It Shows the Power of Analysts. Shares of Sanofi GSK and Haleon fell for the second straight trading session Thursday on surging worries about litigation over Zantac, a heartburn drug that the ... tools depreciation
Haleon Shares Pop After Rejecting Zantac Indemnification …
WebAug 15, 2024 · GSK spun off Haleon, its consumer health business, and merged it with Pfizer's consumer health business in July 2024. Drugmakers Defend Themselves In The Zantac Lawsuits. Shares of GSK have tumbled 11% over the last five trading sessions, while Sanofi SA (NASDAQ:SNY) stock is down by about 12%, and Haleon shares are off … WebSep 20, 2024 · LONDON (Reuters) -Haleon believes it is not liable for any claims that may arise from U.S. litigation over the heartburn drug Zantac, the London-listed company's … WebJun 21, 2024 · Sales of Zantac (not including several generic versions of ranitidine) topped $136 million in 2024, according to Statista. The drug works by reducing acid production in the stomach. physics hydraulic equations