Source: Law 360

Zantac: GSK Inks $67M Deal To Resolve Zantac Cancer Risk FCA Suit

GlaxoSmithKline PLC cut a $67.5 million deal to resolve allegations that it defrauded federal health insurance programs by hiding that its heartburn drug Zantac can decompose into a carcinogen while still in the bottle, ending a case that began in 2019 and was unsealed last year.

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Est. Annual Revenue
$100-500M
Est. Employees
25-100
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Zantac's headquarters is in Chattanooga, Tennessee. Zantac has a revenue of $142M, and 90 employees. Zantac has 8 followers on Owler.