REG - GSK PLC - Statement: Zantac (ranitidine) litigation

GSKAnnouncement

24/03/2023 10:00

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RNS Number : 1677U  GSK PLC  24 March 2023

Issued: 24 March 2023, London UK

 

Statement: Zantac (ranitidine) litigation

 

 

In response to yesterday's Sargon ruling by the California state court in
respect of the Goetz case, GSK plc (LSE/NYSE: GSK) today issued the following
statement:

 

GSK respectfully disagrees with this ruling by the California state court.
Following the 13 epidemiological studies conducted looking at human data
regarding the use of ranitidine, the scientific consensus is that there is no
consistent or reliable evidence that ranitidine increases the risk of any
cancer.

 

The litigation is still at an early stage and yesterday's decision relates
only to the question of whether the plaintiff's experts can testify at trial
in the Goetz case. It does not mean that the Court agrees with plaintiff's
experts' scientific conclusions or their litigation-driven science. GSK will
press additional defences and the plaintiff still needs to prove his case at
trial.

 

This ruling does not affect other state cases or the December 2022 Daubert
ruling made in the federal Multi-District Litigation.

 

About GSK

GSK is a global biopharma company with a purpose to unite science, technology,
and talent to get ahead of disease together. Find out more at gsk.com/company
(https://www.gsk.com/en-gb/company/)

 

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Cautionary statement regarding forward-looking statements
GSK cautions investors that any forward-looking statements or projections made
by GSK, including those made in this announcement, are subject to risks and
uncertainties that may cause actual results to differ materially from those
projected. Such factors include, but are not limited to, those described under
Item 3.D 'Risk factors" in the company's Annual Report on Form 20-F for 2022,
GSK's Q4 Results for 2022 and any impacts of the COVID-19 pandemic.

 

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