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: 1,766.50
Bid: 1,766.00
Ask: 1,766.50
Change: 36.50 (2.11%)
Spread: 0.50 (0.028%)
Open: 1,735.50
High: 1,766.50
Low: 1,735.00
Prev. Close: 1,730.00
GSK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

GSK in quest to be best, not first, in race for COVID-19 vaccine

Fri, 19th Jun 2020 19:27

By Ludwig Burger

FRANKFURT, June 19 (Reuters) - There is a notable name
missing from the frontrunners in the race to test experimental
immunisations against the novel coronavirus: the world's largest
vaccine maker GlaxoSmithKline.

And that is absolutely fine according to the British group's
chief medical officer for vaccines Thomas Breuer, who says the
company prefers the slow and steady approach of focusing on an
established technology that has the best chance of reaching the
widest possible demographic.

Moderna, the University of Oxford in collaboration
with AstraZeneca, and an alliance of BioNTech
and Pfizer grabbed headlines by moving to human trials
from as early as March.

GSK, which is in seven collaborations with institutions or
firms globally, only entered the clinical trial stage with one
project on Friday.

"We want to be best in class, and if others are a little
faster I will congratulate them because they can take care of
maybe the healthcare workers in selected countries, but the
world needs billions of doses and we will contribute to this
effort," Breuer told Reuters.

GSK aims to contribute a so-called adjuvant, an efficacy
booster that is combined with more traditional vaccines, while
the most advanced rival projects use novel genetic technologies
and have been accelerated through pre-clinical testing in labs
and on animals.

Breuer said vaccines developed later, and adjuvant
technology, may have longer or better efficacy, especially in
the elderly. As an example he pointed to GSK's best-seller
Shingrix, a shingles vaccine with an adjuvant for older people
that has swiftly replaced an established rival product.

The company laid out plans in May to produce 1 billion doses
of the efficacy boosters for COVID-19 shots next year, compared
to the 700 million or so vaccine doses against a range of
diseases it usually produces in a year.

Breuer said developing a wide range of partnerships was
GSK's answer to minimising the risk of failure and allowed it to
focus resources on its most promising technology against
COVID-19, even though it has previously worked on genetic
vaccines.

"The best thing GSK can offer is making the adjuvant
available to more than one company. We wanted to expose our
technology to have several shots on goal," he said.
Group CEO Emma Walmsley said in April that an immunisation
that works for and is available for most people was unlikely to
emerge before the second half of next year.

"Operation Warp Speed", a U.S. push to develop an
immunisation shot, by contrast, wants to have a vaccine
available by January 2021.

GSK is one of more than 100 global players working on
vaccines against COVID-19, which has killed about 350,000
people.

It has contributed its adjuvant to alliances involving
Chinese biotech firms Clover Biopharmaceuticals, Xiamen Innovax
and Chongqing Zhifei, as well as the University of
Queensland in Australia and Sanofi. Two more
collaborations are underway but have not been disclosed yet,
Breuer added.
(Reporting by Ludwig Burger; Editing by Kirsten Donovan)

More News
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
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

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.