GSK (GSK) issues statement Zantac (ranitidine) litigation

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Why GSK and Sanofi Shares are Trading Sharply Lower This Week

August 11, 2022 8:44 AM EDT

Shares of GSK (NYSE: GSK), formerly GlaxoSmithKline, are down over 8% in premarket Thursday amid mounting concerns about the recalled drug Zantac.

The company is facing lawsuits as it allegedly failed to warn users about the over-the-counter products health risks. Zantac was a popular drug that was recalled since it... More