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GSK Gsk Plc

1,810.00
0.00 (0.00%)
14 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gsk Plc LSE:GSK London Ordinary Share GB00BN7SWP63 ORD 31 1/4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,810.00 1,811.00 1,812.00 1,812.50 1,797.00 1,805.00 4,741,076 16:35:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 30.33B 4.93B 1.1970 15.13 74.58B

GSK PLC Statement: Zantac (ranitidine) litigation (1677U)

24/03/2023 9:59am

UK Regulatory


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TIDMGSK

RNS Number : 1677U

GSK PLC

24 March 2023

Issued: 24 March 2023, London UK

Statement: Zantac (ranitidine) litigation

In response to yesterday's Sargon ruling by the California state court in respect of the Goetz case, GSK plc (LSE/NYSE: GSK) today issued the following statement:

GSK respectfully disagrees with this ruling by the California state court. Following the 13 epidemiological studies conducted 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.

The litigation is still at an early stage and yesterday's decision relates only to the question of whether the plaintiff's experts can testify at trial in the Goetz case. It does not mean that the Court agrees with plaintiff's experts' scientific conclusions or their litigation-driven science. GSK will press additional defences and the plaintiff still needs to prove his case at trial.

This ruling does not affect other state cases or the December 2022 Daubert ruling made in the federal Multi-District Litigation.

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/company

 
GSK enquiries 
Media:               Tim Foley          +44 (0) 20 8047      (London) 
                                         5502 
                     Dan Smith          +44 (0) 20 8047      (London) 
                                         5502 
                     Kathleen Quinn     +1 202 603 5003      (Washington DC) 
                     Lyndsay Meyer      +1 202 302 4595      (Washington DC) 
 
Investor Relations:  Nick Stone         +44 (0) 7717 618834  (London) 
                     James Dodwell      +44 (0) 20 8047      (London) 
                                         2406 
                     Mick Readey        +44 (0) 7990 339653  (London) 
                     Josh Williams      +44 (0) 7385 415719  (London) 
                     Camilla Campbell   +44 (0) 7803 050238  (London) 
                     Steph Mountifield  +44 (0) 7796 707505  (London) 
                     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, GSK's Q4 Results for 2022 and any impacts of the COVID-19 pandemic.

Registered in England & Wales:

No. 3888792

Registered Office:

980 Great West Road

Brentford, Middlesex

TW8 9GS

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END

MSCPPUMAWUPWUBC

(END) Dow Jones Newswires

March 24, 2023 05:59 ET (09:59 GMT)

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