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Company logo of pharmaceutical company GlaxoSmithKline is seen at their Stevenage facility, Britain October 26, 2020. LONDON — Shares of British pharmaceuticals giant GSK plunged 9% Monday, after a U.S. court ruled that scientific evidence could be presented in a stack of lawsuits relating to the discontinued heartburn drug Zantac. The Delaware State Court late on Friday ruled that plaintiffs' expert witnesses could testify in the roughly 75,000 cases alleging the once-popular drug ranitidine — sold under the brand name Zantac in the U.S. — may cause cancer. The companies involved deny there is a scientific consensus that the drug can be linked to any later development of cancers. In a statement Friday, GSK said it disagreed with the latest Delaware ruling and would immediately seek an appeal.
Persons: ranitidine —, Brent Wisner, Wisner Baum, Zantac Organizations: GlaxoSmithKline, Stevenage, GSK, Delaware State Court, France's, Pfizer, Germany's Locations: Britain, Delaware, U.S, France's Sanofi
Cuong Tran's shoes and socks were sucked out of Alaska Airlines Flight 1282. Tran is one of seven plaintiffs in the latest class-action lawsuit related to the Boeing 737 blowout. AdvertisementA passenger on the Alaska Airlines blowout flight has shared new pictures of the aftermath as part of a lawsuit filed last Tuesday. Cuong Tran was sitting in the row just behind the door plug — a part of the fuselage that covers a deactivated emergency exit — when it detached from the Boeing 737 Max in midair on January 5. This story is available exclusively to Business Insider subscribers.
Persons: , Cuong Tran, Timothy Loranger, Ari Friedman, Wisner Baum Organizations: Alaska Airlines, Boeing, Service, Max, Business
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