RedHill Biopharma Awarded Judgment of Approximately $8 Million Plus Costs by New York Supreme Court
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RedHill Biopharma has been awarded a judgment of approximately $8 million plus costs by the New York Supreme Court in its legal case against Kukbo Co. Ltd. The court dismissed Kukbo's counterclaims, ruling in favor of RedHill.
December 02, 2024 | 12:15 pm
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RedHill Biopharma has secured a legal victory with a judgment of approximately $8 million plus costs awarded by the New York Supreme Court. This ruling, which dismissed Kukbo's counterclaims, is a positive development for the company.
The legal victory and financial award of $8 million plus costs is a positive outcome for RedHill Biopharma, likely boosting investor confidence and potentially impacting the stock price positively in the short term.
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