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.
Zantac was approved in 1983, becoming the world’s largest-selling medicine by 1988. But in 2019, after a Connecticut lab heated ranitidine, the active ingredient in Zantac, and found “extremely high levels” of NDMA, a probable human carcinogen, the Food and Drug Administration asked for Zantac and its generic equivalents to be pulled off the market in April 2020.
“The 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,” the FDA wrote. “As a result of this…
