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The Guardian - UK
The Guardian - UK
Business
Joe Middleton and agencies

GSK shares surge as US judge dismisses Zantac cancer claims

GSK Zantac Cancer United States Sanofi
GlaxoSmithKline headquarters britain
The share price of the British pharmaceutical company has been significantly affected by the ongoing legislation surrounding the drug. Photograph: Ben Stansall/AFP/Getty Images

Shares in drug firms GlaxoSmithKline and Sanofi surged after a US judge dismissed thousands of lawsuits claiming that the heartburn drug Zantac caused cancer.

GSK’s shares jumped as much as 14% in early trading, while Sanofi’s stock jumped nearly 6% in mid-morning trading.

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