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

GSKAnnouncement

23/06/2023 07:00

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RNS Number : 7194D  GSK PLC  23 June 2023

Issued: 23 June 2023, London UK

 

Statement: Zantac (ranitidine) litigation

 

 

 

GSK plc (LSE/NYSE: GSK) today confirmed it has reached a confidential
settlement with James Goetz, and the case he filed in California state court,
set to begin trial on July 24, 2023, will be dismissed. The settlement
reflects the Company's desire to avoid distraction related to protracted
litigation in this case. GSK does not admit any liability in this settlement
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.

 

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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,
and Q1 Results for 2023 and any impacts of the COVID-19 pandemic.

 

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