GSK PLC Statement: Zantac (ranitidine) litigation
February 29 2024 - 2:00AM
RNS Regulatory News
RNS Number : 8746E
GSK PLC
29 February 2024
Issued: 29 February 2024, London
UK
Statement: Zantac (ranitidine) litigation
GSK plc (LSE/NYSE: GSK) today
confirmed it has reached a confidential settlement with
Boyd/Steenvoord, resolving the case filed in California state
court. The case, which was set to begin trial on 2 April 2024, will
be dismissed. The settlement reflects the Company's desire to avoid
the 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.
GSK
enquiries
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Media:
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Tim Foley
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+44 (0) 20 8047 5502
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(London)
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Dan Smith
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+44 (0) 20 8047 5502
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(London)
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Kathleen Quinn
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+1 202 603 5003
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(Washington DC)
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Lyndsay Meyer
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+1 202 302 4595
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(Washington DC)
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Investor Relations:
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Nick Stone
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+44 (0) 7717 618834
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(London)
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James Dodwell
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+44 (0) 20 8047 2406
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(London)
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Mick Readey
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+44 (0) 7990 339653
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(London)
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Josh Williams
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+44 (0) 7385 415719
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(London)
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Camilla Campbell
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+44 (0) 7803 050238
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(London)
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Steph Mountifield
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+44 (0) 7796 707505
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(London)
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Jeff McLaughlin
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+1 215 751 7002
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(Philadelphia)
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Frannie DeFranco
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+1 215 751 4855
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(Philadelphia)
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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 Q4 Results for
2023.
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