Saturday, GSK Said It Disagrees With Ruling By Delaware State Court That Contradicts Federal Court's Multidistrict Litigation Ruling, Which Dismissed All Cases Alleging Five Cancer Types, In December 2022, GSK Said It Will Immediately Seek An Appeal
Portfolio Pulse from Benzinga Newsdesk
GSK disagrees with a Delaware State Court ruling that contradicts a Federal Court's multidistrict litigation ruling, which dismissed all cases alleging five cancer types in December 2022. GSK will immediately seek an appeal.
June 03, 2024 | 8:31 am
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GSK disagrees with a Delaware State Court ruling that contradicts a Federal Court's multidistrict litigation ruling, which dismissed all cases alleging five cancer types in December 2022. GSK will immediately seek an appeal.
The Delaware State Court ruling contradicts a previous Federal Court decision that was favorable to GSK, potentially reopening litigation risks. GSK's immediate appeal indicates the company's strong opposition, but the legal uncertainty may negatively impact investor sentiment in the short term.
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IMPORTANCE 80
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