Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGlaxosmithkline Share News (GSK)

Share Price Information for Glaxosmithkline (GSK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,733.50
Bid: 1,732.50
Ask: 1,733.00
Change: 5.00 (0.29%)
Spread: 0.50 (0.029%)
Open: 1,733.00
High: 1,739.50
Low: 1,724.50
Prev. Close: 1,728.50
GSK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AstraZeneca seeks edge over rivals in severe asthma treatment

Mon, 05th Sep 2016 05:00

* Benralizumab effective given once every 8 weeks

* Cuts annual rate of asthma exacerbations by up to half

* AZ aims to take on recently launched GSK, Teva drugs

By Ben Hirschler

LONDON, Sept 5 (Reuters) - AstraZeneca hopes toconvince doctors its experimental injection for severe asthmahas an edge over two approved rivals after clinical trials dataon Monday showed it worked well when given just once every twomonths.

The drugmaker has previously flagged benralizumab, which islikely to reach the market next year, as a potential $2billion-a-year seller.

In contrast to GlaxoSmithKline's Nucala and Teva's Cinqair - two other recently launched antibodytreatments for severe asthmatics - benralizumab works directlyto kill off inflammatory cells called eosinophils.

Researchers, writing in The Lancet medical journal, saidthis meant eosinophil counts were nearly completely depletedafter four weeks of treatment.

AstraZeneca had reported in May that two pivotal Phase IIIclinical trials with the biotech medicine met their goals, butfull details were only released at the annual meeting of theEuropean Respiratory Society in London this week.

Overall, a year's course of benralizumab injections cut therate of serious attacks, known as exacerbations, by between athird and a half in patients with eosinophil-driven asthma whowere already making optimal use of inhalers, the data showed.

Researchers said this was "comparable" to results withNucala and Cinqair, although it was difficult to draw directcomparisons because of patient differences, with somebenralizumab patients less sick than those in rival studies.

Importantly, dosing every eight weeks proved just aseffective as treatment every four weeks, which should givebenralizumab an advantage as rivals must be taken monthly.

Dr Mario Castro of Washington University School of Medicine,who was not involved in the company-funded studies, said in acommentary that less frequent dosing should save money. It mightalso allow the drug to be used earlier and be given to children.

AstraZeneca badly needs new drugs to drive future sales asit copes with patent expiries on older medicines, such as itscholesterol fighter Crestor and stomach acid pill Nexium.Although most focus is on its cancer portfolio, the company alsohas a long history in respiratory medicine.

Tom Keith-Roach, head of the respiratory, inflammation andautoimmune business, sees treating uncontrolled severe asthma asa big opportunity, since this relatively small group of patientsaccounts for half of all asthma-related healthcare costs.

"Analysts estimate the severe asthma biologics market by theearly 2020s to be between $6.5 billion and $10 billion (a year),and we expect to have a competitive share of that based on thisclinical profile," Keith-Roach said.

Analysts' consensus sales forecasts for benralizumabcurrently stand at $485 million in 2021, according to ThomsonReuters Cortellis, against the $2 billion predicted byAstraZeneca in 2014.

The company gave its bullish forecast for benralizumab,along with many other pipeline products, at the time of Pfizer's unsuccessful attempt to acquire it. (Editing by Mark Potter)

More News
17 Dec 2023 15:16

PRESS: GSK looks for deals in China as rebuilds relationship

(Alliance News) - The Financial Times on Sunday reported that GSK PLC is looking for some new deals in China.

Read more
15 Dec 2023 17:08

European shares end fifth week higher on rate-cut optimism

Barclays sees first ECB rate cut in April

*

Read more
15 Dec 2023 16:51

LONDON MARKET CLOSE: FTSE 100 underperforms as post-Fed rally cools

(Alliance News) - London's FTSE 100 ended lower on Friday, with profit-taking and some hawkish words from a US policymaker keeping equities in check at the end of a largely positive week for stocks.

Read more
15 Dec 2023 16:29

PRESS: GSK, Astra and AbbVie in US scrutiny over patents - Bloomberg

(Alliance News) - A US senator has accused AstraZeneca PLC, GSK PLC, AbbVie Inc and other drugmakers of "abusing" the patent system to send prices higher, Bloomberg reported on Thursday.

Read more
12 Dec 2023 10:08

AstraZeneca buys respiratory vaccine developer Icosavax in $1.1 bln deal

Dec 12 (Reuters) - AstraZeneca said on Tuesday it had agreed to buy respiratory syncytial virus (RSV) vaccine developer Icosavax in a deal valued at up to $1.1 billion.

Read more
12 Dec 2023 08:22

TOP NEWS: Japan accepts GSK's filing for respiratory disease vaccine

(Alliance News) - GSK PLC on Tuesday said Japan's Ministry of Health, Labour & Welfare has accepted its regulatory application for the extension of its respiratory syncytial virus vaccine, Arexvy, for adults aged 50-59.

Read more
12 Dec 2023 07:39

LONDON BRIEFING: UK unemployment unchanged at 4.2%; eyes on US CPI

(Alliance News) - Stocks in London are called to open higher, as investors digest the latest UK unemployment data, before turning their heads to US inflation.

Read more
12 Dec 2023 07:24

GSK seeks to extend RSV vaccine approval in Japan

(Sharecast News) - GSK announced on Tuesday that Japan's Ministry of Health, Labour and Welfare (MHLW) has accepted its regulatory application for the extension of the indication of its RSV vaccine to include adults aged 50- to 59 at an increased risk of contracting the disease.

Read more
11 Dec 2023 08:28

GSK drug gets EU marketing backing for form of endometrial cancer

(Alliance News) - GSK PLC on Monday said it won EU backing for its Jemperli drug in tandem with chemotherapy to treat a form of endometrial cancer.

Read more
11 Dec 2023 07:41

LONDON BRIEFING: GSK drug gets EU endorsement; Begbies backs outlook

(Alliance News) - London's FTSE 100 is called to open a touch lower on Monday, kicking off the week with some slight trepidation after Friday's hotter-than-expected US jobs report which offered the dollar some respite.

Read more
11 Dec 2023 07:23

GSK endometrial cancer treatment gets Europe authorisation

(Sharecast News) - GSK announced on Monday that the European Commission has granted marketing authorisation for 'Jemperli', or dostarlimab, in combination with chemotherapy for certain endometrial cancers.

Read more
7 Dec 2023 12:54

THG backer Kelso pushes for demerger to trim "inherent" valuation gap

(Alliance News) - THG PLC investor Kelso Group Holdings PLC on Thursday reiterated its call for a demerger, which the shareholder believes will help close the "disparity" between the e-commerce firm's share price and its true value.

Read more
5 Dec 2023 10:02

LONDON BROKER RATINGS: Goldman lifts Landsec and British Land

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
27 Nov 2023 09:00

GSK announces positive results from Blenrep phase 3 blood cancer trial

(Alliance News) - GSK PLC on Monday said a phase 3 trial of belantamab mafodotin as a multiple myeloma treatment has produced positive headline results.

Read more
27 Nov 2023 08:02

GSK receives 'positive' headline results from phase III trial

(Sharecast News) - Drugmaker GSK announced on Monday that it had received positive headline results from a planned interim efficacy analysis from a phase III trial evaluating its elantamab mafodotin asset.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.