A California judge's decision to allow expert testimony linking GSK's heartburn drug Zantac to cancer wasn't a surprise, analysts said Friday, though the litigation will likely weigh on the drugmaker's share price until a trial in the summer.
heartburn drug Zantac to cancer wasn't a surprise, analysts said Friday, though the litigation will likely weigh on the drugmaker's share price until a trial in the summer.
However, the decision did raise the prospect of a different outcome in the trial, scheduled for July, for the British drugmaker in the California state court system than that of a U.S. District Judge in December. The district judge threw out thousands of federal lawsuits against GSK and other drugmakers claiming Zantac caused cancer.the claims were not backed by sound science.
The plaintiff in GSK's upcoming trial, California-based James Goetz, says he developed bladder cancer from taking Zantac sold by GSK and his lawyers want experts to testify in the trial. The trial in California is the first test of how Zantac cancer claims may fare in state courts, and Reuters reported last month that its outcome could depend heavily on what expert testimony Grillo allows.
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