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Pin to quick picksGlaxosmithkline Share News (GSK)

Share Price Information for Glaxosmithkline (GSK)

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Share Price: 1,757.00
Bid: 1,756.50
Ask: 1,757.00
Change: -18.00 (-1.01%)
Spread: 0.50 (0.028%)
Open: 1,770.00
High: 1,770.00
Low: 1,740.00
Prev. Close: 1,775.00
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GlaxoSmithKline heart disease drug misses key target

Tue, 12th Nov 2013 07:10

GlaxoSmithKline's heart disease drug, darapladib, has missed a key milestone in its development. The trial drug, which is designed to tackle heart problems in a totally different way to cholesterol-lowering medication, was in the first of two "pivotal" late-stage clinical studies. Patrick Vallance, President of Pharmaceuticals research and development, said: "Given the level of patient need in this area, we continue to investigate the role of Lp-PLA2 inhibition in coronary heart disease and other diseases. We will now work to better understand the data, including evaluation of the patient sub-groups, and await the outcome of a second Phase III study of darapladib in acute coronary syndrome, called SOLID-TIMI 52, to determine our next steps."More positively, the group also said there were greater reductions of major adverse cardiovascular events in some of the pre-defined secondary endpoints that would require further analysis.NR
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