GSK PLC Statement: Zantac (ranitidine) litigation
29 June 2024 - 2:37AM
RNS Regulatory News
RNS Number : 4557U
GSK PLC
28 June 2024
Issued: 28 June 2024, London
UK
Statement: Zantac (ranitidine) litigation - Gross
case
GSK plc (LSE/NYSE: GSK) has reached
a confidential settlement with Martin Gross resolving the case he
filed in Illinois state court. GSK does not admit any liability in
this settlement. The case will now be dismissed as to
GSK.
Following the 16 epidemiological
studies 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.
GSK will continue to vigorously
defend itself and manage this litigation in the best interests of
the company and shareholders.
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 GSK's
Annual Report on Form 20-F for 2023, and GSK's Q1 Results for
2024.
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Registered Office:
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Brentford, Middlesex
TW8 9GS
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