{"id":2245857,"date":"2024-05-16T11:26:02","date_gmt":"2024-05-16T15:26:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pfizer-offers-to-pay-200-250-million-to-settle-lawsuits-over-popular-heartburn-medication-report\/"},"modified":"2024-05-16T11:31:49","modified_gmt":"2024-05-16T15:31:49","slug":"pfizer-offers-to-pay-200-250-million-to-settle-lawsuits-over-popular-heartburn-medication-report","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pfizer-offers-to-pay-200-250-million-to-settle-lawsuits-over-popular-heartburn-medication-report\/","title":{"rendered":"Pfizer Proposes $200-250 Million Settlement for Heartburn Med Drug Lawsuits: Source"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpfizer-offers-to-pay-200-250-million-to-settle-lawsuits-over-popular-heartburn-medication-report%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2245857&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Pfizer faces\u2062 $200-250 million settlement\u2064 for\u200b Zantac lawsuits linked\u2064 to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/instead-of-being-fed-false-assurances-of-safety-women-deserve-to-know-all-the-risks-of-hormonal-birth-control\/\" title=\"Instead Of Being Fed False Assurances Of Safety, Women Deserve To Know All The Risks Of Hormonal Birth Control\">cancer risks<\/a>. Zantac, a top-selling drug since 1988, faced FDA scrutiny in 2019 due to NDMA,\u200b a potential carcinogen <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-taking-regeneron-drug-remdesivir-therapy-for-coronavirus-diagnosis-ex-wh-doctor-explains\/\" title=\"Trump taking Regeneron drug, Remdesivir therapy for coronavirus diagnosis: ex-WH doctor explains\">found<\/a> in the product. As a result, the FDA requested the removal of Zantac and similar\u2063 medications from the \u2063market \u200din April 2020 to prevent \u200b<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/top-retail-ceos-call-on-congress-to-curb-online-sale-of-stolen-goods-amid-national-looting-sprees\/\" title=\"Top Retail CEOs Call on Congress to Curb Online Sale of Stolen Goods amid National Looting Sprees\">consumer exposure<\/a> to harmful\u200b impurities. Great summary! \u200dIt effectively captures the \u200bkey points\u2063 about \u2064Pfizer&#8217;s settlement, the issues \u200dwith Zantac, and the FDA&#8217;s response. The information is concise and \u2064informative.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p style=\"font-weight: 400\">The giant pharmaceutical company Pfizer is ready to pay between $200-250 million as a result of over 10,000 U.S. lawsuits involving supposed cancer risks associated with the drug Zantac, which it sold between 1998 and 2006, sources told the Financial Times.<\/p>\n<p style=\"font-weight: 400\">Zantac was <a href=\"https:\/\/www.fda.gov\/drugs\/spotlight-cder-science\/ensuring-rigor-regulatory-science-cder-conducts-laboratory-and-clinical-studies-investigate-reports#:~:text=Ranitidine%2C%20which%20blocks%20histamine%2Dinduced,over%2Dthe%2Dcounter%20product.\">approved<\/a> in 1983, <a href=\"https:\/\/www.arnolditkin.com\/blog\/product-liability\/history-of-zantac-ranitidine-\/\">becoming<\/a> the world\u2019s largest-selling medicine by 1988. But in 2019, after a Connecticut lab heated <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/big-pharma-stocks-plummet-amid-legal-issues-over-key-medication\/\" title=\"Big Pharma Stocks Plummet Amid Legal Issues Over Key Medication\">ranitidine<\/a>, the active ingredient in Zantac, and found \u201cextremely high levels\u201d of NDMA, a probable human carcinogen, the Food and Drug Administration <a href=\"https:\/\/www.fda.gov\/news-events\/press-announcements\/fda-requests-removal-all-ranitidine-products-zantac-market\" target=\"_blank\" rel=\"noopener\">asked<\/a> for Zantac and its generic equivalents to be pulled off the market in April 2020.<\/p>\n<p style=\"font-weight: 400\">\u201cThe agency has determined that the impurity in some ranitidine products increases over time and when stored at higher than room temperatures and may result in consumer exposure to unacceptable levels of this impurity,\u201d the FDA <a href=\"https:\/\/www.fda.gov\/news-events\/press-announcements\/fda-requests-removal-all-ranitidine-products-zantac-market\" target=\"_blank\" rel=\"noopener\">wrote<\/a>. \u201cAs a result of this immediate market withdrawal request, ranitidine products will not be available for new or existing prescriptions or OTC use in the U.S.\u201d<\/p>\n<p style=\"font-weight: 400\">\u201cLow levels of NDMA are commonly ingested in the diet, for example NDMA is present in foods and in water,\u201d the FDA continued. \u201cThese low levels would not be expected to lead to an increase in the risk of cancer. However, sustained higher levels of exposure may increase the risk of cancer in humans. \u2026 New FDA testing and evaluation prompted by information from third-party laboratories confirmed that NDMA levels increase in ranitidine even under normal storage conditions, and NDMA has been found to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-admin-to-spend-more-on-defense-against-climate-change-environmental-justice-than-on-port-and-waterway-supply-chain\/\" title=\"Biden Admin To Spend More On \u2018Defense Against Climate Change,\u2019 \u2018Environmental Justice\u2019 Than On Port And Waterway Supply Chain\">increase significantly<\/a> in samples stored at higher temperatures, including temperatures the product may be exposed to during distribution and handling by consumers. The testing also showed that the older a ranitidine product is, or the longer the length of time since it was manufactured, the greater the level of NDMA. These conditions may raise the level of NDMA in the ranitidine product above the acceptable daily intake limit.\u201d<\/p>\n<p><b><a href=\"https:\/\/onelink.to\/dwapp\" target=\"_blank\" rel=\"noopener noreferrer\" aria-describedby=\"sk-tooltip-9096\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/onelink.to\/dwapp&#038;source=gmail&#038;ust=1715949071524000&#038;usg=AOvVaw1epNxV4INiQhMMvO61rHiP\">CLICK HERE TO GET THE DAILYWIRE+ APP<\/a><\/b><\/p>\n<p style=\"font-weight: 400\">\u201cThe settlement \u2014 which was disclosed in a court filing in Delaware last week \u2014 is aimed at significantly reducing Pfizer\u2019s potential liability,\u201d Financial Times <a href=\"https:\/\/www.ft.com\/content\/9f59da60-4441-42c4-b84c-6de0c3931d08\" target=\"_blank\" rel=\"noopener\">noted<\/a>, adding that Pfizer stated, \u201cThe company is confident that its Zantac products, which were reviewed and approved by the [US Food and Drug Administration], did not cause cancer when used as directed.\u201d<\/p>\n<p style=\"font-weight: 400\">\u201cGSK, which first received approval for Zantac in 1983 and is most exposed to the litigation, has already settled a handful of cases in courts in California. It disputes that the drug caused cancer,\u201d Financial Times reported.<\/p>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pfizer to Settle Over 10,000 U.S. Lawsuits Regarding Zantac Cancer Risks with $200-250 Million. Financial Times sources reveal Pfizer&#8217;s potential settlement for alleged cancer risks linked to Zantac, a drug sold from 1998 to 2006. Zantac, approved in 1983, became a top-selling medicine globally by 1988<\/p>\n","protected":false},"author":60,"featured_media":2245858,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/dw-wp-production.imgix.net\/2023\/06\/GettyImages-1498844157.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-2245857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/dw-wp-production.imgix.net\/2023\/06\/GettyImages-1498844157.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2245857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2245857"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2245857\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2245858"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2245857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2245857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2245857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}