The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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

European drug trial secrecy case hit by delay

Thu, 05th Dec 2013 15:48

* U.S. firms seeking to block release of drug data by EMA

* AbbVie, InterMune say they defending business secrets

* EU's top court refers case back to lower court

By Ben Hirschler

LONDON, Dec 5 (Reuters) - A legal case over access todetails of clinical trials held by Europe's drugs regulator -sparked by two U.S. firms wanting to keep their data secret -has been hit by delay after the EU's top court sent it back tobe re-examined by a lower body.

The decision leaves in limbo a high-profile fight that haspitched the European Medicines Agency (EMA), Europe's equivalentof the U.S. Food and Drug Administration, against AbbVie and InterMune.

Officials said on Thursday that the vice president of theEuropean Court of Justice had annulled earlier interim orderspreventing the release of data and had referred the matter backto the European Union's General Court for further consideration.

With the legal situation still uncertain, sensitive datafrom trials involving AbbVie's rheumatoid arthritis treatmentHumira - the world's top-selling prescription medicine - andanother drug from InterMune will remain under wraps for now.

"Until a new decision is taken by the courts, we will notrelease the documents relating to the AbbVie and InterMuneproducts," EMA spokesman Martin Harvey said.

Still, the London-based watchdog does not intend to letuncertainty in this case prevent it from continuing its policyof responding to outside requests for documents about clinicaltrials on other medicines.

The EMA has already released millions of pages of detailedclinical trial information about different drugs - an approachit says reflects growing public demands for more openness toensure that drugmakers cannot conceal adverse side effects.

The vast majority of all documents released by the EMA -some 76 percent in the past 12 months, according to Harvey -have been handed over to academic groups and researchers.

BUSINESS SECRETS

AbbVie and InterMune argue in a case brought earlier thisyear that they have a right to the protection of their businesssecrets, since this information could be used by competitors.

In the case of the AbbVie drug, those seeking data includerival Belgian drugmaker UCB.

Spokeswoman Fiona Olivier said AbbVie remained confident theGeneral Court would rule in favour of upholding the provisionalinjunction, since the clinical study reports held by the EMAcontained commercially confidential information.

AbbVie backed sharing of data with qualified researcherswhen this did not undermine its ability to innovate, she added.

Europe's medicines body has been on a collision course withparts of the pharmaceuticals industry since deciding to lift thelid on previously secret clinical trial data.

This data is routinely submitted by manufacturers as part ofthe application process for new medicines and, until recently,it had been view as confidential.

But in 2010 the European Ombudsman, which investigatescomplaints about EU institutions, ruled that the EMA shouldprovide access to it - and the EMA plans to proactively releasedetailed data, rather than just waiting for requests, from 2014.

A number of drug companies have recently shifted theirposition towards more transparency in the face of this pressurefrom the agency and some stern critics in academia.

Pfizer, the largest U.S. pharmaceutical company,became the latest to take a step down this path on Wednesday bybroadening access to information from its clinical trials toindependent researchers and to patients.

Britain's GlaxoSmithKline, meanwhile, has alreadyset up an online system to provide researchers with access toanonymous patient-level data about its medicines.

More News
3 Jan 2024 17:48

London close: Stocks fall amid rising geopolitical concerns

(Sharecast News) - London stocks closed lower on Wednesday - the 40th anniversary of the FTSE 100's launch - as sentiment remained cautious due to increasing tensions in the Middle East.

Read more
3 Jan 2024 17:10

Miners, personal goods stocks drag FTSE 100 to two-week low

Burberry slips on rating downgrade

*

Read more
3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes.

Read more
3 Jan 2024 12:10

LONDON MARKET MIDDAY: Stocks down before Fed minutes and US PMI data

(Alliance News) - Stock prices in London were down at midday on Wednesday, in cautious trade ahead of key US data and central bank minutes in the afternoon.

Read more
3 Jan 2024 11:07

Jefferies upgrades GSK to 'buy', cuts AstraZeneca to 'hold'

(Sharecast News) - Jefferies has upgraded its rating on GlaxoSmithKline to 'buy' and cut AstraZeneca to 'hold' as part of its review of the European pharma sector.

Read more
3 Jan 2024 09:23

LONDON BROKER RATINGS: GSK raised to 'buy'; AstraZeneca cut to 'hold'

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

Read more
3 Jan 2024 08:58

LONDON MARKET OPEN: Stocks mixed pre-Fed minutes, amid Asia losses

(Alliance News) - Stock prices in London opened mixed on Wednesday, ahead of US Federal Reserve meeting minutes and manufacturing PMI data for the US in the evening and afternoon respectively.

Read more
3 Jan 2024 07:54

LONDON BRIEFING: Stocks to open flat pre-Fed minutes, jobs data

(Alliance News) - The FTSE 100 is expected to open flat on Wednesday, as London's flagship index celebrates its 40th anniversary, after mostly downbeat trading in Asia and a tech sell-off in New York.

Read more
29 Dec 2023 13:01

LONDON MARKET CLOSE: UK equities outclassed by other markets in 2023

(Alliance News) - Stock prices in London closed mixed on Friday, the final trading day of 2023, as the annual returns from UK equities were outshone by international markets.

Read more
20 Dec 2023 13:29

GSK buys rights to Hansoh Pharma antibody-drug conjugate

(Sharecast News) - GSK has agreed to buy the rights to an antibody-drug conjugate (ADC) - HS-20093 - from Chinese biopharmaceutical group Hansoh Pharma.

Read more
19 Dec 2023 15:36

German court quashes CureVac patent after challenge by BioNTech

CureVac shares drop 40%Dispute over intellectual property with BioNTech to continue

*

Read more
18 Dec 2023 17:21

Energy stocks lift UK's FTSE 100, Vodafone shines

Vodafone jumps as Iliad offers to merge Italian units

*

Read more
18 Dec 2023 10:07

GSK's dostarlimab trial in endometrial cancer meets primary endpoint

(Alliance News) - GSK PLC on Monday said a trial of dostarlimab in combination with niraparib for treating endometrial cancer has met its primary endpoint.

Read more
18 Dec 2023 07:55

LONDON BRIEFING: Games Workshop seals Amazon deal for Warhammer 40,000

(Alliance News) - Stocks in London were set to retreat slightly on Monday, in line with equity markets in Asia, at the start of the last week before the Christmas holidays.

Read more
18 Dec 2023 07:18

GSK sees success in Jemperli endometrial cancer trial

(Sharecast News) - GSK released positive headline results from the planned analysis of its trial of Jemperli in endometrial cancer on Monday.

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.