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AstraZeneca pays £352m to settle over stomach acid drugs
Evening Standard
|October 03, 2023
ASTRAZENECA today sought to draw a line under costly legal action over alleged side-effects from its stomach acid drugs as it forked out $425 million (£352 million) in settlements.
The pharma giant, led by CEO Pascal Soriot, right, had faced a string of lawsuits in the US alleging that the two drugs, Nexium and Prilosec, had led to kidney disease and kidney failure.
AstraZeneca continues to believe the claims are without merit and admits no wrongdoing, but said it had reached the settlements, the terms of which it did not disclose, in order to “avoid continued costly litigation and allow the company to move forward”.
Denne historien er fra October 03, 2023-utgaven av Evening Standard.
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