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Index seen higher, GSK in $2.2bn Zantac settlement
GSK surges 6.5% after $2.2 billion Zantac lawsuits settlement
Shares of GSK rose as much as 6.5% on Thursday after the British drugmaker agreed to pay up to $2.2 billion to settle lawsuits in the United States that claimed its discontinued heartburn drug Zantac caused cancer.
GSK Rises After Settling Zantac Cases for Up to $2.2 Billion
GSK Plc shares surged after the UK pharma company agreed to pay as much as $2.2 billion to resolve about 80,000 US court cases alleging that its old reflux medication Zantac was contaminated with a suspected carcinogen.
GSK settles vast majority of Zantac claims for $2.2 billion
The British drugmaker reached a $2.2 billion settlement to resolve around 80,000 lawsuits over claims its Zantac heartburn remedy causes cancer
GSK, European Stocks
European Stocks Edge Higher Ahead of US Data; GSK Shares Jump
European stocks rose on Thursday as investors awaited key US inflation data, with the healthcare sector leading gains after GSK Plc shares surged.
European stocks slip ahead of US inflation data, GSK jumps
By Paolo Laudani and Sruthi Shankar (Reuters) -European shares slipped on Thursday, with technology and mining stocks leading losses, while investors looked out U.S. inflation data for hints on the Federal Reserve's next policy easing moves.
LIVE
LIVE: US markets rise after Fed minutes, inflation data and earnings in focus
Ratan Tata passes away at 86 in MumbaiRatan Tata, Chairman emeritus of Tata Sons is reported to have died according to the news agency PTI. Confirming the development Tata Group issued a statement revealing that he was under critical condition and was receiving intensive care in the
2h
FTSE 100 opens higher on GSK boost
The UK's benchmark FTSE 100 opened higher on Thursday, led by gains in GSK following the settlement of lawsuits in the United ...
27m
Citi Keeps Their Buy Rating on GlaxoSmithKline (GSK)
Citi analyst Peter Verdult maintained a Buy rating on GlaxoSmithKline (GSK – Research Report) today and set a price target of £19.00. The ...
10h
on MSN
Why GSK Stock Rocketed Nearly 6% Skyward on Wednesday
Thanks largely to news of a crucial legal settlement, GSK (NYSE: GSK) was one of the better-performing big pharma stocks on ...
2h
European stocks edge up ahead of US inflation data, GSK jumps
European stocks inched higher on Thursday, tracking Asian peers on hopes of more stimulus in China, while investors awaited U ...
cidrap.umn
12h
GSK RSV vaccine data suggest protection across 3 seasons
The protection also held across different strains, for people in their 70s, and for those with underlying medical conditions.
GlobalData on MSN
14h
GSK reports positive findings from Phase III RSV vaccine trial
The vaccine demonstrated efficacy across different respiratory syncytial virus (RSV) subtypes in older adults between the ...
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