GlaxoSmithKline Pharmaceuticals Limited (GLAXO.NS)
| Previous close | 2,594.30 |
| Open | 2,562.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 2,510.05 - 2,650.00 |
| 52-week range | 1,361.85 - 2,650.00 |
| Volume | |
| Avg. volume | 184,759 |
| Market cap | 445.64B |
| Beta (5Y monthly) | 0.22 |
| PE ratio (TTM) | 84.03 |
| EPS (TTM) | 31.17 |
| Earnings date | 24 Jul 2024 - 29 Jul 2024 |
| Forward dividend & yield | 32.00 (1.22%) |
| Ex-dividend date | 31 May 2024 |
| 1y target est | 2,376.80 |
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(Bloomberg) -- When Elliott Investment Management came calling for the ouster of Emma Walmsley, the chief executive officer of GSK Plc found her remedy in a product almost 60 years in the making.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe TurbulenceASML, TSMC Can Disable Chip Machines If China Invades TaiwanHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Tesla Shareholder Group Slams Elon Musk’s
ReutersGSK whistleblower claims drugmaker cheated US government over Zantac cancer risk
(Reuters) -GSK has been sued by an independent Connecticut laboratory that accused the drugmaker of defrauding the U.S. government and taxpayers by concealing cancer risks in Zantac, once a blockbuster heartburn drug. In a whistleblower complaint filed on Monday, Valisure said GSK violated the federal False Claims Act by hiding the risks for nearly four decades while Medicare, Medicaid and other health programs covered billions of dollars of prescriptions. The New Haven-based lab said its testing in 2019 revealed that Zantac, also known as ranitidine, could form a cancer-causing carcinogen known as NMDA and was therefore "unfit for human consumption."
