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Pin to quick picksGlaxosmithkline Share News (GSK)

Share Price Information for Glaxosmithkline (GSK)

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Share Price: 1,773.50
Bid: 1,772.00
Ask: 1,772.50
Change: 12.50 (0.71%)
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Open: 1,770.00
High: 1,776.00
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UPDATE 1-Ebola vaccine from GSK fast-tracked into clinical trials

Thu, 28th Aug 2014 11:06

* Trials to vaccinate healthy volunteers from mid-September

* Planned stockpile of up to 10,000 doses for early use

* GSK working with U.S. NIH and international consortium

* U.S. researchers also testing Canadian Ebola vaccine (Updates with further details on clinical trial programme,different vaccines)

By Ben Hirschler and Sharon Begley

LONDON/NEW YORK, Aug 28 (Reuters) - An experimental Ebolavaccine from GlaxoSmithKline is being fast-tracked intohuman studies and the company plans to build a stockpile of upto 10,000 doses for emergency deployment, if results are good.

The research work is being accelerated with funding from aninternational consortium, reflecting mounting concern over theworst outbreak of the disease that has killed more than 1,500people in West Africa.

GSK's candidate vaccine, being co-developed with the U.S.National Institutes of Health (NIH), is expected to be given tohealthy volunteers in Britain and the United States from aboutmid-September, with the programme then being extended to Gambiaand Mali.

Britain's biggest drugmaker said on Thursday the Phase Itrials would start as soon as they received ethical andregulatory approvals.

The NIH's National Institute of Allergy and InfectiousDiseases is also working on a wider programme of clinicaltrials, including tests of a version of the GSK vaccine that mayfight a second strain of Ebola, as well as the West African one.

In addition, U.S. researchers plan human tests of a vaccinedeveloped by Canadian government scientists, which has beenlicensed to NewLink Genetics.

The trials being announced will enroll healthy volunteerswith the goal of determining whether the vaccine is safe andwhether it provokes a protective immune response.

The aim is to complete these tests by the end of 2014, afterwhich vaccines could be deployed on an emergency basis.

RACE TO TEST

In a grim assessment of the deadly disease, the World HealthOrganisation said on Thursday that the current Ebola outbreakwas continuing to accelerate and could infect more than 20,000people.

Jeremy Farrar, director of the Wellcome Trust medicalcharity, which is helping to fund the vaccine trials, said theeffectiveness of vaccines and drugs could only be assessedduring epidemics, so it was vital to test products now.

GSK plans to begin making up to about 10,000 additionaldoses of its vaccine at the same time as the initial clinicaltrials, so if they are successful vaccine could be madeavailable immediately for an emergency immunisation programme.

NewLink has also contracted for the manufacture of increasedsupplies of its vaccine.

A steering committee made up of senior officials from NIHand the U.S. Department of Defense also approved last week thefirst step toward using three advanced laboratories tomanufacture Ebola vaccines and treatments, a person familiarwith the planning told Reuters.

The three labs, in Texas, Maryland and North Carolina, wereset up in 2012 by the U.S. Department of Health and HumanServices (HHS) in partnership with private industry to respondto pandemics or chemical, biological, radiological or nuclearthreats..

The GSK vaccine consists of a common cold virus, called anadenovirus, that has been engineered to carry two genes of theEbola virus. Animal testing has shown that when the adenovirusinfects cells the Ebola genes produce harmless proteins thatstimulate the immune system to produce antibodies to Ebola.

GSK acquired the vaccine after buying Swiss-based biotechcompany Okairos for 250 million euros ($330 million) last year. ($1 = 0.7591 Euros) (Editing by Sonya Hepinstall and David Clarke)

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31 Jan 2024 12:05

LONDON MARKET MIDDAY: FTSE 100 flat ahead of Federal Reserve decision

(Alliance News) - The FTSE 100 in London was flat heading into Wednesday afternoon, as the US Federal Reserve's latest interest rate decision edges closer, keeping equity market enthusiasm to a minimum.

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31 Jan 2024 09:13

TOP NEWS: GSK profit up on Arexvy boost in 2023 but total payout down

(Alliance News) - GSK PLC reported an increase in profit and revenue for 2023 as revenue for HIV medicine had stable growth, amid optimism in the company's outlook.

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31 Jan 2024 08:55

LONDON MARKET OPEN: Stocks lack direction ahead of Fed, BoE

(Alliance News) - Stock prices in London lacked direction at the open on Wednesday, as investors nervously look ahead to interest rate decisions from the US Federal Reserve and Bank of England.

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31 Jan 2024 07:46

LONDON BRIEFING: Stocks called up; GSK revenue and profit up

(Alliance News) - Stocks in London are called to open higher, as markets share of nerves around the next set of interest rate decisions.

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29 Jan 2024 08:51

GSK seeks expanded use of RSV vaccine in EU, wins approval for Omjjara

(Alliance News) - GSK PLC on Monday celebrated regulatory progress for two of its products in the EU.

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29 Jan 2024 07:43

LONDON BRIEFING: Superdry looks at saving costs; Ferrexpo loses case

(Alliance News) - Stocks in London are expected to start the week on a cautious note, as investors nervously look ahead to two key interest rate decisions.

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29 Jan 2024 07:07

GSK gets EU approval to sell blood cancer treatment Omijara

(Sharecast News) - Biopharma giant GSK has been given the green light by European regulators to sell Omjjara, its treatment for patients with a rare type of blood cancer.

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26 Jan 2024 10:47

Citi hikes target price for GSK but stays 'neutral'

(Sharecast News) - Shares in biopharma giant GSK were rising on Friday, helped by forecast upgrades from Citi, which raised its target price on the stock from 1,535p to 1,700p.

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24 Jan 2024 15:08

Private equity firm Yellow Wood close to deal to acquire ChapStick-sources

Jan 24 (Reuters) - Private equity firm Yellow Wood Partners is in advanced talks to acquire ChapStick, a lip balm brand, from Haleon Plc, the former consumer health division of drug developer GSK Plc, four people familiar with the matter said.

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24 Jan 2024 14:34

UK earnings, trading statements calendar - next 7 days

Thursday 25 January 
Britvic PLCTrading Statement
Conduit Holdings LtdTrading Statement
CVS Group PLCTrading Statement
Dr Martens PLCTrading Statement
Fevertree Drinks PLCTrading Statement
Foxtons Group PLCFull Year Results
Fuller, Smith & Turner PLCTrading Statement
Halfords Group PLCTrading Statement
Idox PLCFull Year Results
IG Group Holdings PLCHalf Year Results
Intermediate Capital Group PLCTrading Statement
Mitie Group PLCTrading Statement
NCC Group PLCHalf Year Results
Newmark Security PLCHalf Year Results
Next 15 Group PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
Secure Trust Bank PLCTrading Statement
St James's Place PLCTrading Statement
Time Finance PLCHalf Year Results
Titon Holdings PLCFull Year Results
Wizz Air Holdings PLCQ3 Results
Workspace Group PLCTrading Statement
Friday 26 January 
Paragon Banking Group PLCTrading Statement
Record PLCTrading Statement
Superdry PLCHalf Year Results
Taylor Maritime Investments LtdTrading Statement
WH Smith PLCTrading Statement
YouGov PLCTrading Statement
Monday 29 January 
Team Internet Group PLCTrading Statement
Tuesday 30 January 
Diaceutics PLCTrading Statement
Diageo PLCHalf Year Results
Kromek Group PLCHalf Year Results
Luceco PLCTrading Statement
Oxford Cannabinoid Technologies Holdings PLCHalf Year Results
Pets at Home Group PLCTrading Statement
Renewi PLCTrading Statement
Saga PLCTrading Statement
SSP Group PLCTrading Statement
SThree PLCFull Year Results
Synthomer PLCTrading Statement
Wednesday 31 January 
Aberforth Smaller Companies Trust PLCFull Year Results
abrdn Private Equity Opportunities Trust PLCFull Year Results
Ecora Resources PLCTrading Statement
GSK PLCFull Year Results
ITM Power PLCHalf Year Results
NWF Group PLCHalf Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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22 Jan 2024 21:22

Fate of most remaining Zantac lawsuits weighed by Delaware judge

Jan 22 (Reuters) - GSK, Pfizer and other pharmaceutical companies are urging a judge in Delaware this week to find that evidence plaintiffs' lawyers want to use in about 72,000 lawsuits claiming that the discontinued heartburn drug Zantac caused cancer is not supported by science.

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22 Jan 2024 17:08

Fate of most remaining Zantac lawsuits weighed by Delaware judge

Jan 22 (Reuters) - GSK, Pfizer and other pharmaceutical companies will urge a judge in Delaware this week to find that evidence plaintiffs' lawyers want to use in about 72,000 lawsuits claiming that the discontinued heartburn drug Zantac caused cancer is not supported by science.

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22 Jan 2024 09:34

IN BRIEF: Oxford Nanopore appoints Keher to CFO as Cowper becomes COO

Oxford Nanopore Technologies - Oxford, England-based company specialising in nanopore DNA-sequencing - Appoints Nick Keher as chief financial officer and director, effective immediately. Keher will replace Tim Cowper as he moves into a new role as Oxford Nanopore's chief operating officer. The company says that Cowper has been performing the majority of COO duties for the past five years, and that he will lead the company's efforts to expand its international footprint. The company also says that new CFO Keher possesses "significant experience of financial leadership of complex, scientific businesses", having served in similar roles at Clinigen Group PLC, BenevolentAI SA, Royal Bank of Canada, Investec PLC and GSK PLC.

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17 Jan 2024 09:38

UPDATE: GSK raises GBP978 million as cuts stake in Haleon to 4.2%

(Alliance News) - GSK PLC early Wednesday confirmed it agreed to sell 300 million shares in Haleon PLC, reducing its remaining stake in the consumer healthcare products spin-off to just 4.2%.

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17 Jan 2024 08:05

GSK raises £978m through Haleon share sale

(Sharecast News) - GSK said on Wednesday that it has raised around £978m from the sale of shares in Haleon.

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