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

UPDATE 1-G7 told to act on antibiotics as dreaded superbug hits U.S.

Fri, 27th May 2016 08:30

* Cameron urges G7 to back reward system for new drugs

* U.S. sees first case of resistance to last-resort drug

* Antimicrobial resistance moving up political agenda (Adds details on problem in U.S., China and Europe)

By Kylie MacLellan and Ben Hirschler

ISE-SHIMA, Japan/LONDON, May 27 (Reuters) - Britain told theG7 industrial powers on Friday to do more to fight killersuperbugs as the United States reported the first case in thecountry of a patient with bacteria resistant to a last-resortantibiotic.

U.S. scientists said the infection in a 49-year-oldPennsylvania woman "heralds the emergence of truly pan-drugresistant bacteria" because it could not be controlled even bycolistin, an antibiotic reserved for "nightmare" bugs.

In Japan, British Prime Minister David Cameron said leadingcountries needed to tackle resistance by reducing the use ofantibiotics and rewarding drug companies for developing newmedicines.

"In too many cases antibiotics have stopped working. Thatmeans people are dying of simple infections or conditions likeTB (tuberculosis), tetanus, sepsis, infections that should notmean a death sentence," he told a news conference at a summit inJapan.

"If we do nothing about this there will be a cumulative hitto the world economy of $100 trillion and it is potentially theend of modern medicine as we know it."

A review commissioned by the British government andpublished last week said a reward of between $1 billion and $1.5billion should be paid for any successful new antimicrobialmedicine brought to market.

If the problem is not brought under control, antimicrobialresistance could kill an extra 10 million people a year by 2050,the review warned.

The U.S. case is a further wake-up call for the world,although it is not the first time that colistin resistance hasappeared.

Medics around were alarmed last year by the discovery inChina of a new gene that makes bacteria highly resistant to themedicine. Since then, the deadly strain has also been detectedin Europe and Canada.

The development of colistin resistance is linked to thedrug's widespread use in livestock and the European MedicinesAgency on Thursday called for a 65 percent cut in the amount ofthe medicine used in farming.

"The more we look at drug resistance, the more concerned weare," Thomas Frieden, director of the U.S. Centers for DiseaseControl and Prevention, told reporters in Washington.

"The medicine cabinet is empty for some patients. It is theend of the road for antibiotics unless we act urgently."

The problem is aggravated by drugmakers' reluctance toinvest in developing new antibiotics, preferring to focus onmore profitable disease areas, although recently there has beensome increase in investment, prompted by the superbug threat.

In January, 83 companies, including Pfizer, Merck &Co, Johnson & Johnson and GlaxoSmithKline, signed a declaration urging governments to support workon new antibiotics. (Reporting by Kylie MacLellan; Writing by Elizabeth Piper;Editing by Louise Ireland)

More News
2 May 2024 19:57

GSK knew about Zantac cancer risk, attorneys tell jury in first trial

May 2 (Reuters) - U.S. attorneys for a woman who claims her colon cancer was caused by the now discontinued heartburn drug Zantac on Thursday told a jury in Chicago that pharmaceutical companies GSK and Boehringer Ingelheim knew the product could cause cancer if it was not handled properly but failed to warn the public.

Read more
2 May 2024 09:48

LONDON BROKER RATINGS: Deutsche Bank likes TP ICAP but says sell CMC

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

Read more
1 May 2024 19:39

Bird flu testing shows more dairy products are safe, US FDA says

CHICAGO, May 1 (Reuters) - Preliminary results of tests on additional dairy products show that pasteurization inactivates the bird flu virus, the U.S. Food and Drug Administration said on Wednesday.

Read more
1 May 2024 17:31

UK's FTSE 100 slips ahead of Fed outcome, energy stocks weigh

FTSE 100 down 0.3%, FTSE 250 off 0.2%

*

Read more
1 May 2024 16:56

LONDON MARKET CLOSE: FTSE 100 down ahead of US interest rate decision

(Alliance News) - Stock prices in London closed mostly in the red on Wednesday, as investors eye the latest interest rate decision from the US Federal Reserve this evening.

Read more
1 May 2024 16:42

London close: Stocks fall ahead of US Fed decision

(Sharecast News) - London markets closed lower on Wednesday, as investors digested the latest UK manufacturing data and anticipated an impending policy announcement from the US Federal Reserve.

Read more
1 May 2024 11:55

LONDON MARKET MIDDAY: FTSE 100 treads water as Fed takes centre-stage

(Alliance News) - London's FTSE 100 traded off session highs heading into Wednesday afternoon, as some pre-Federal Reserve decision nerves kicked in.

Read more
1 May 2024 10:54

GSK raises profit outlook on strong vaccine, HIV drug sales

FY profit forecast raised to 8-10%

*

Read more
1 May 2024 08:57

LONDON MARKET OPEN: FTSE 100 shakes off New York slump before Fed

(Alliance News) - Stock prices in London opened mixed on Wednesday, with the FTSE 100 brushing off some pre-Federal Reserve decision trepidation to record an early rise, while the dollar climbed on the expectation that Jerome Powell will sound hawkish in his press conference later.

Read more
1 May 2024 08:50

TOP NEWS: GSK expects momentum to continue after strong first quarter

(Alliance News) - GSK PLC on Wednesday raised its annual earnings forecast, and said it expects sales growth at the top-end of guidance, after a "strong" start to the year.

Read more
1 May 2024 07:46

LONDON BRIEFING: GSK ups outlook; Next first-quarter beats forecast

(Alliance News) - Equities in London are called to open flat on Wednesday, ahead of the latest Federal Reserve interest rate decision, while a host of financial markets in mainland Europe and beyond are closed for public holidays.

Read more
1 May 2024 07:36

GSK lifts annual guidance on strong virus treatment sales

(Sharecast News) - UK pharmaceutical giant GSK lifted annual profits guidance on Wednesday, as it pinned its hopes on demand for its respiratory virus and shingles treatments.

Read more
30 Apr 2024 23:46

First trial over Zantac cancer claims set to begin in Chicago

April 30 (Reuters) - The first trial over claims that blockbuster heartburn drug Zantac, once sold by GSK and other companies, causes cancer is set to begin this week in Chicago.

Read more
30 Apr 2024 22:39

First trial over Zantac cancer claims set to begin in Chicago

April 30 (Reuters) - The first trial over claims that blockbuster heartburn drug Zantac, once sold by GSK and other companies, causes cancer is set to begin this week in Chicago.

Read more
30 Apr 2024 13:51

Sensodyne maker Haleon to shut UK factory with loss of 435 jobs

(Alliance News) - More than 400 jobs are to be axed at Sensodyne toothpaste and Advil painkillers firm Haleon PLC as the group revealed plans to shut its only manufacturing site in the UK.

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.