RedHill Announces $10.5 Million New York Supreme Court Judgment Win Now Final for Enforcement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 04 2025
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Source: PRnewswire
Court Ruling in Favor of RedHill: The New York Supreme Court has issued a final summary judgment in favor of RedHill Biopharma against Kukbo Co. Ltd, awarding RedHill over $10.5 million, which includes approximately $8.6 million in damages and $1.9 million in legal fees.
Asset Protection Measures: RedHill has obtained a court attachment in Korea to prevent Kukbo from disposing of assets before the enforcement of the judgment.
Company Overview: RedHill Biopharma focuses on developing and commercializing drugs for gastrointestinal diseases, infectious diseases, and oncology, with key products including the FDA-approved Talicia® and several late-stage clinical programs.
Forward-Looking Statements: The press release includes forward-looking statements regarding the company's future performance and potential risks, emphasizing uncertainties in product development, regulatory approvals, and market acceptance.
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About RDHL
RedHill Biopharma Ltd is an Israel-based specialty biopharmaceutical company primarily focused on gastrointestinal and infectious diseases. RedHill promotes the gastrointestinal drugs such as, Talicia for the treatment of Helicobacter pylori (H. pylori) infection, and Aemcolo, for the treatment of travelers’ diarrhea. RedHill’s clinical late-stage development programs include: :info: RHB-204, for pulmonary nontuberculous mycobacteria (NTM) disease; opaganib (ABC294640), host-directed, SPHK2 inhibitor targeting multiple indications, RHB-107 (upamostat), an oral, host-directed serine protease inhibitor with potential for pandemic preparedness, is in late-stage development for treatment of non-hospitalized symptomatic COVID-19, and is targeting multiple other cancer and inflammatory gastrointestinal diseases; RHB-104 for Crohn's disease; and RHB-102 for chemotherapy and radiotherapy induced nausea and vomiting.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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