RedHill Biopharma wins $10 million court judgment on appeal
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RedHill Wins New York Supreme Court Appeal, Upholding $10 Million Summary Judgment Against Kukbo
September 29, 2025 7:00 AM EDTThe New York Supreme Court has, on appeal, upheld its original summary judgment ruling in favor of RedHill
The New York Supreme Court unequivocally dismissed Kukbo Co. Ltd's ("Kukbo") defense again, further ruling that RedHill had fulfilled its agreement obligations even after Kukbo's breach
RedHill has been granted approximately $10 million in total awards comprised of the $8.25 million original award and a subsequent $1.82 million award for legal costs and expenses (including 9% statutory interest accrual)
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