AstraZeneca settles Nexium, Prilosec product liability litigations ...Middle East

LONDON: British drug major AstraZeneca announced on Tuesday that it has entered into settlement agreements in the product liability litigations related to Nexium and Prilosec. The specific terms of the agreements are confidential.AstraZeneca agreed to make payment of US$425 million, for which a provision has been taken, reported German news agency (dpa). Nexium and Prilosec are prescription only drugs used to treat patients with acid-related symptoms and diseases. The company noted that the agreements effectively resolve the product liability claims that are currently pending in the Multidistrict Litigation in the US District Court for the District of New Jersey, as well as in the Delaware S

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AstraZeneca settles Nexium, Prilosec product liability litigations ...Middle East

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