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Company: GSK PLC
Current Parent Company:
GSK plc
Parent at the Time of the Penalty Announcement:
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Penalty: $2,200,000,000
Year: 2024
Date: October 9, 2024
Offense Group: safety-related offenses
Primary Offense: drug or medical equipment safety violation
Secondary Offense: product safety violation
Mega-Scandal:
Pharmaceutical Hazards
Violation Description: GSK agreed to pay an estimated $2.2 billion to settle 80,000 state court lawsuits brought in the United States alleging that the company's Zantac heartburn medication caused cancer.
Level of Government: state
Action Type: private litigation
Civil or Criminal Case: civil
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: United Kingdom
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data:
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.