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

GSKAnnouncement

18/09/2024 13:30

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RNS Number : 7338E  GSK PLC  18 September 2024

Issued: 18 September 2024, London UK

 

Statement: Zantac (ranitidine) litigation - Russell and Hughes cases

 

 

GSK plc (LSE/NYSE: GSK) today confirmed it has reached two confidential
settlements in cases filed in California State Court with Mr. John Russell,
resolving his bladder cancer case, and with Ms. Annette Hughes, resolving her
colorectal case. GSK does not admit any liability in either settlement. The
cases will now be dismissed as to GSK.

Since 2019, 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.

 

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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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