REG - GSK PLC - Zantac (ranitidine) litigation

GSKAnnouncement

11/10/2023 07:00

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RNS Number : 7218P  GSK PLC  11 October 2023

Issued: 11 October 2023, London UK

 

Statement: Zantac (ranitidine) litigation

 

 

 

GSK plc (LSE/NYSE: GSK) today confirmed it has reached a confidential
settlement in the Cantlay/Harper case filed in California state court. The
case, which was set to begin trial on 13 November 2023, will be dismissed. The
company has also settled the three remaining breast cancer bellwether cases in
California. GSK will be dismissed from these cases, removing all related
pre-trial hearings for the company.

 

The settlements reflect the Company's desire to avoid the distraction related
to protracted litigation. GSK does not admit any liability in the settlements
and will continue to vigorously defend itself based on the facts and the
science in all other Zantac cases.

 

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.

 

 GSK enquiries
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                      Jeff McLaughlin    +1 215 751 7002       (Philadelphia)
                      Frannie DeFranco   +1 215 751 4855       (Philadelphia)

 

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,
and Q2 Results for 2023 and any impacts of the COVID-19 pandemic.

 

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