GSK PLC Statement: Zantac (ranitidine) litigation
August 06 2024 - 1:00AM
RNS Regulatory News
RNS Number : 2685Z
GSK PLC
06 August 2024
Issued: 5 August 2024, London
UK
Statement: Zantac (ranitidine) litigation - Joiner
case
· Jury in Joiner case in
Illinois state court finds GSK not liable for plaintiff's
colorectal cancer
· Verdict is consistent
with the scientific consensus that there is no consistent or
reliable evidence that ranitidine increases the risk of any
cancer
· GSK will continue to
vigorously defend itself against all other claims
GSK plc (LSE/NYSE: GSK)
welcomes today's jury verdict in the Joiner case
in Illinois state court finding in GSK's favour.
This outcome is consistent with the
scientific consensus that there is no consistent or reliable
evidence that ranitidine increases the risk of any cancer,
supported by 16 epidemiological studies looking at human data
regarding the use of ranitidine. GSK will continue to vigorously
defend itself against all other claims.
Prior to this verdict, the court
rejected the Plaintiff's ability to request punitive
damages.
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
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Kathleen Quinn
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Investor Relations:
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James Dodwell
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Mick Readey
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Josh Williams
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Camilla Campbell
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Steph Mountifield
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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 Q2 Results for
2024.
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