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: 1,598.50
Bid: 1,598.00
Ask: 1,598.50
Change: -168.00 (-9.51%)
Spread: 0.50 (0.031%)
Open: 1,616.50
High: 1,620.00
Low: 1,589.50
Prev. Close: 1,766.50
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 2-$300 mln pledged to buy Ebola vaccines as NewLink shot hits snag

Thu, 11th Dec 2014 15:29

* NewLink/Merck vaccine trial paused due to joint pains

* GAVI pledges up to $300 mln for 12 mln vaccine courses

* Further funding of up to $90 mln to help vaccine roll-out (Wraps stories on GAVI funding, NewLink vaccine trial, addsGAVI CEO comment)

By Ben Hirschler and Stephanie Nebehay

LONDON/GENEVA, Dec 11 (Reuters) - GAVI, the global vaccinesalliance, said on Thursday it was committing up to $300 millionto buy Ebola vaccines, as one experimental shot hit a snag in aSwiss clinical trial after some subjects reported joint pains.

Scientists are racing to develop Ebola vaccines in recordtime but many questions remain unanswered, as evidenced by adecision to pause Swiss tests of the experimental vaccine fromNewLink and Merck.

GAVI, which is funded by governments and the Bill & MelindaGates Foundation, said it was ready to begin procurement as soonas the World Health Organization (WHO) recommended a vaccine foruse.

The world's worst Ebola outbreak has killed more than 6,000people in West Africa and experts believe millions of doses ofvaccine may be needed both to help end the current epidemic andto contain future outbreaks.

Officials involved in the Swiss study said the volunteerswho had received the NewLink shot were all fine and the WHOplayed down the problem, pointing out that temporary suspensionswere not uncommon in clinical trials.

Researchers hope safe and effective vaccines will get agreen light as soon as next year, although there is stilluncertainty over how well they will work and how many doses areneeded.

Paying for vaccines is a challenge because the worstaffected countries of Sierra Leone, Liberia and Guinea are someof the world's poorest, providing little commercial incentivefor manufacturers.

STOCKPILES

The money now earmarked by Geneva-based GAVI will helpbridge the gap and is expected to be enough to procure up to 12million courses of vaccine. WHO vaccine expert Marie-Paule Kienysaid the commitment was "fantastic".

In addition to helping in the current epidemic, the moneycould also be used to create stockpiles of Ebola vaccines,similar to those that exist for yellow fever, meningitis andcholera.

A further amount of up to $90 million will be made availablefrom GAVI's coffers to help affected countries introduce thevaccines and to rebuild their health systems.

GAVI, which was set up in 2000 with private and governmentdonor backing, has a track record of bulk-buying vaccinesupplies from manufacturers at a low price for the developingworld. Since 2000, around 440 million children have beenimmunised against a range of diseases through its programmes.

GAVI said its board had decided to prepare for procuringEbola vaccines while still awaiting a green light for the firstproduct, "in light of the seriousness of the situation and therisks associated with delays in making a vaccine available".

Two vaccines, one from NewLink and Merck and a rival shotfrom GlaxoSmithKline, are already undergoing human trials andthird one, made by Johnson & Johnson, is about to enterclinical testing.

"We've had individual discussions with all of themanufacturers and continue to work closely with them," GAVI'schief executive, Seth Berkley, told Reuters.

GAVI said it would meet the funding needs of the Ebolavaccine programme using a combination of existing and newfinancing. It also plans to join forces with other initiativesthat have already pledged funding to address the Ebola crisis.

(Reporting by Ben Hirschler; Editing by Pravin Char and GregMahlich)

More News
14 Jul 2023 07:56

LONDON BRIEFING: Burberry shines in China; ITV-All3Media deal unlikely

(Alliance News) - Stocks in London are expected to slip into the red at Friday's open, in a tepid conclusion to what has been a largely positive week for global equities, as the market prices in a lower peak for US interest rates.

Read more
13 Jul 2023 16:13

Sensodyne toothpaste-maker Haleon planning job cuts - The Guardian

July 13 (Reuters) - Haleon, the world's biggest standalone consumer health business, is planning to cut hundreds of roles in the UK and worldwide, the Guardian reported on Thursday.

Read more
10 Jul 2023 09:27

LONDON BROKER RATINGS: HSBC downgrades commercial property stocks

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

Read more
6 Jul 2023 15:46

UK dividends calendar - next 7 days

Friday 7 July 
Anglo-Eastern Plantations PLCdividend payment date
Associated British Foods PLCdividend payment date
Blackrock Frontiers Investment Trust PLCdividend payment date
Crystal Amber Fund Ltddividend payment date
Forterra PLCdividend payment date
Hill & Smith PLCdividend payment date
JPMorgan Global Growth & Income PLCdividend payment date
LXi REIT PLCdividend payment date
Restore PLCdividend payment date
S&U PLCdividend payment date
Titon Holdings PLCdividend payment date
Victorian Plumbing Group PLCdividend payment date
Warehouse REIT PLCdividend payment date
Whitbread PLCdividend payment date
WPP PLCdividend payment date
Monday 10 July 
Capital Gearing Trust PLCdividend payment date
Great Portland Estates PLCdividend payment date
Tuesday 11 July 
Emis Group PLCdividend payment date
Pets at Home Group PLCdividend payment date
Wednesday 12 July 
Assura PLCdividend payment date
LondonMetric Property PLCdividend payment date
M&C Saatchi PLCdividend payment date
Pharos Energy PLCdividend payment date
Renew Holdings PLCdividend payment date
Thursday 13 July 
BlackRock Latin American Investment Trust PLCex-dividend payment date
British American Tobacco PLCex-dividend payment date
Caffyns PLCex-dividend payment date
CMC Markets PLCex-dividend payment date
FirstGroup PLCex-dividend payment date
GSK PLCdividend payment date
Halma PLCex-dividend payment date
Invesco Bond Income Plus Ltdex-dividend payment date
JPMorgan Japan Small Cap Growth & Income PLCex-dividend payment date
Record PLCex-dividend payment date
Schroder UK Mid Cap Fund PLCex-dividend payment date
Shoe Zone PLCex-dividend payment date
Sirius Real Estate Ltdex-dividend payment date
Supermarket Income REIT PLCex-dividend payment date
Triad Group PLCex-dividend payment date
Wincanton PLCex-dividend payment date
XP Power Ltddividend payment date
Young & Co's Brewery PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
5 Jul 2023 09:34

LONDON BROKER RATINGS: UBS likes Pearson; Liberum cuts Naked Wine

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

Read more
4 Jul 2023 10:18

PRESS: Advil owner Haleon to explore sale of nicotine gum business

(Alliance News) - Haleon PLC is exploring a potential divestment of some smoking cessation products, including the Nicotinell brand of nicotine gum, patches and lozenges, according to a Bloomberg report on Tuesday.

Read more
30 Jun 2023 22:38

First trial over Zantac cancer claims set for November

June 30 (Reuters) - The first U.S. trial over claims that discontinued heartburn drug Zantac causes cancer is now expected to take place in California state court on Nov. 13, a lawyer for plaintiffs in the litigation said Friday.

Read more
29 Jun 2023 06:30

Sanofi says it's back to the drawing board on mRNA flu vaccines

June 29 (Reuters) - Sanofi said that trials show the currently available mRNA technology behind the most successful COVID-19 shots will not be effective against influenza and it is already working on a next generation of shots.

Read more
28 Jun 2023 16:18

GSK completes acquisition of chronic cough-focused Bellus Health

(Alliance News) - GSK PLC on Wednesday said it completed its acquisition of Quebec-based late-stage biopharmaceutical firm Bellus Health Inc for a total equity value of USD2.0 billion.

Read more
27 Jun 2023 08:21

GSK granted US FDA fast track for gonorrhoea vaccine

(Alliance News) - GSK PLC on Tuesday reported that the US Food & Drug Administration has granted its gonorrhoea investigational vaccine a "fast track" designation.

Read more
27 Jun 2023 08:07

GSK gonorrhoea vaccine gets FDA fast track designation

(Sharecast News) - GSK said on Tuesday that its investigational vaccine for sexually transmitted infection gonorrhoea has been granted a fast track designation by the US Food and Drug Administration.

Read more
27 Jun 2023 07:56

LONDON BRIEFING: Stocks called up; record profit for Telecom Plus

(Alliance News) - Stock prices in London were set to open higher on Tuesday, following a positive session for equities in Hong Kong and Shanghai.

Read more
26 Jun 2023 08:38

TOP NEWS: GSK hails approvals for drug therapies in Japan and Europe

(Alliance News) - GSK PLC on Monday celebrated several regulatory approvals for new drug therapies, including treatments for shingles.

Read more
26 Jun 2023 07:56

LONDON BRIEFING: Stocks firm; Aston Martin signs Lucid, Mercedes deals

(Alliance News) - Stocks in London were set to start the new week marginally lower, with financial markets unfazed by a failed revolt by a mercenary army in Russia over the weekend.

Read more
26 Jun 2023 07:43

GSK gets an approval in Japan, a recommendation in Europe

(Sharecast News) - GSK announced two significant advancements on Monday, with the approval of an updated indication for Shingrix in Japan, as well as a positive opinion from the European Medicines Agency for daprodustat.

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.