AstraZeneca to pay $425 million to settle lawsuits over heartburn drugs ...Middle East

News by : (The Hill) -
AstraZeneca will pay $425 to settle lawsuits on behalf of consumers who suffered kidney injuries while using its heartburn medications Nexium and Prilosec. AstraZeneca in a statement said the specific terms are confidential, but the agreements effectively resolve the product liability claims that are currently pending. A single case remains pending in the U.S. District Court for the Middle District of Louisiana The company said the claims "are without merit" and admitted no wrongdoing in the settlement agreement.  "These settlements avoid continued costly litigation and allow the Company to move forward with its purpose of delivering life changing medicines to millions of patient

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