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Pin to quick picksGlaxosmithkline Share News (GSK)

Share Price Information for Glaxosmithkline (GSK)

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Share Price: 1,812.50
Bid: 1,812.50
Ask: 1,813.00
Change: 2.50 (0.14%)
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Open: 1,811.00
High: 1,820.00
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UPDATE 2-AstraZeneca antibody cocktail succeeds in late-stage study to treat COVID-19

Mon, 11th Oct 2021 07:52

(Adds detail on rival treatments)

By Yadarisa Shabong and Sachin Ravikumar

Oct 11 (Reuters) - AstraZeneca's experimental
COVID-19 drug has helped cut the risk of severe disease or death
in a late-stage study, the British drugmaker said on Monday, a
boost to its efforts to develop coronavirus medicines beyond
vaccines.

The drug, a cocktail of two antibodies called AZD7442,
reduced the risk of severe COVID-19 or death by 50% in
non-hospitalised patients who have had symptoms for seven days
or less, meeting the main goal of the study.

AstraZeneca's therapy, delivered via injection, is the first
of its kind to show promise both as a preventative medicine and
as a treatment for COVID-19 following multiple trials. It is
designed to protect people who do not have a strong enough
immune response to vaccines.

"These positive results show that a convenient intramuscular
dose of AZD7442 could play an important role in helping combat
this devastating pandemic," Hugh Montgomery, the trial's
principal investigator, said in a statement.

Similar therapies made with a class of drugs called
monoclonal antibodies are being developed by Regeneron,
Eli Lilly and GlaxoSmithKline with partner Vir
. These therapies are approved for emergency use in the
United States for treating mild-to-moderate COVID-19.

AstraZeneca, whose COVID-19 vaccine has been widely used
globally, asked U.S. regulators last week to grant emergency use
authorisation for AZD7442 as a preventative therapy.

AstraZeneca is submitting data from various AZD7442 studies
to global health regulators, a spokeswoman said on Monday.

"We'll be continuing discussions with regulators around this
new data," she said of Monday's trial results.

The trial took place across 13 countries and involved more
than 900 adult participants, with one half receiving AZD7442 and
the rest a placebo. Full trial results will be submitted for
publication in a peer-reviewed journal, AstraZeneca said.

AZD7442 contains laboratory-made antibodies designed to
linger in the body for months to contain the virus in case of an
infection. A vaccine, in contrast, relies on an intact immune
system to develop targeted antibodies and infection-fighting
cells.

"An early intervention with our antibody can give a
significant reduction in progression to severe disease, with
continued protection for more than six months," said Mene
Pangalos, executive vice president at AstraZeneca.

While Monday's results cover the use of AZD7442 in
non-hospitalised patients, a separate trial is also studying its
use as a treatment for hospitalised COVID-19 patients.

Other antibody cocktail treatments for COVID-19 have shown
varied degrees of success.

Regeneron's therapy showed 72% protection against
symptomatic infection in the first week, and 93% after that.
GSK-Vir's showed a 79% reduction in the risk of hospitalisation
or death due to any cause, while Lilly's therapy showed a 70%
reduction in viral load at day seven compared to a placebo.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by
Saumyadeb Chakrabarty, Kirsten Donovan)

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German court quashes CureVac patent after challenge by BioNTech

CureVac shares drop 40%Dispute over intellectual property with BioNTech to continue

*

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Energy stocks lift UK's FTSE 100, Vodafone shines

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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.

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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.

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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.

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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.

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15 Dec 2023 17:08

European shares end fifth week higher on rate-cut optimism

Barclays sees first ECB rate cut in April

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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.

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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.

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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.

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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.

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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.

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12 Dec 2023 07:24

GSK seeks to extend RSV vaccine approval in Japan

(Sharecast News) - GSK announced on Tuesday that Japan's Ministry of Health, Labour and Welfare (MHLW) has accepted its regulatory application for the extension of the indication of its RSV vaccine to include adults aged 50- to 59 at an increased risk of contracting the disease.

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11 Dec 2023 08:28

GSK drug gets EU marketing backing for form of endometrial cancer

(Alliance News) - GSK PLC on Monday said it won EU backing for its Jemperli drug in tandem with chemotherapy to treat a form of endometrial cancer.

Read more

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