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

UPDATE 2-AstraZeneca pauses coronavirus vaccine trial, shares slip on rollout doubts

Wed, 09th Sep 2020 13:02

* Trials halted due to health condition of a participant

* Independent panel to review any link to vaccine prototype

* AstraZeneca has supply deals for 3 bln doses
(Adds details in British trial, expert comment, FT report)

By Ludwig Burger

LONDON, Sept 9 (Reuters) - AstraZeneca has suspended
global trials of its experimental coronavirus vaccine after an
unexplained illness in a participant in Britain, casting doubt
on prospects for an early rollout.

The vaccine to combat COVID-19, which Britain's AstraZeneca
is developing with the University of Oxford, has been described
by the World Health Organization as probably the world's leading
candidate and the furthest developed.

However, AstraZeneca said on Tuesday it had paused trials,
including late-stage ones, to allow an independent committee to
review safety data, and it was working to minimise any potential
impact on the timeline.

"It is obviously a challenge to this particular vaccine
trial," Britain's Health Secretary Matt Hancock told Sky News.

The pause follows reports that the United States was aiming
for fast-track approval before November's presidential election.

The stakes are high because AstraZeneca, Britain's largest
drugmaker by market value, has already agreed to supply close to
three billion doses to governments across the globe.

This is more than any other vaccine project. Asked whether
the pause would set back the development process, Hancock said:
"Not necessarily, it depends on what they find when they do the
investigation".

Most states will contribute financially to developing the
vaccine, even if the trial fails.

'ROUTINE ACTION'

Britain's medical regulator said it is urgently reviewing
information available to determine whether trials can restart as
quickly as possible.

A New York Times report citing a person familiar with the
situation said a participant based in Britain was found to have
transverse myelitis, an inflammatory syndrome that affects the
spinal cord and is often sparked by viral infections.

Whether this was directly linked to AstraZeneca's vaccine
remains unclear, it said. AstraZeneca declined to comment.

"People fall ill for a multitude of reasons, and the project
team will now be reviewing in depth what is the cause of this
person's illness and whether it is linked to having been given
the vaccine or not," said Doug Brown, Chief Executive of the
British Society for Immunology.

The Financial Times quoted people associated with the trial
as saying it could resume early next week, after the study’s
independent data monitoring board has investigated.

AstraZeneca officials were not immediately available to
comment on that report.

The suspension triggered a fall of as much as 3% in
AstraZeneca's shares, which have the second biggest weighting in
the FTSE 100 index, but were trading 0.5% up by 1540 GMT.

The British trial began in May with more than 12,000
participants, from 5 years old to over 70.

The U.S. trial, with a targeted 30,000 participants, was
launched last week for the vaccine AZD1222, which is also in
late-stage clinical trials in Brazil and South Africa.

Additional trials are planned in Japan and Russia, with a
targeted 50,000 participants globally.

South Korea said it would look into the suspension and
review its plan to participate in manufacturing the vaccine and
health ministry official Yoon Tae-ho added such suspensions of
clinical trials were not rare "as various factors interact".

This was echoed by Germany's Leukocare, which is working on
a vaccine similar to AstraZeneca's but is at an earlier stage.

"When you are inoculating 20,000 people, it is a foregone
conclusion that at some point you will have severe adverse
events. As soon as a link to the vaccine can clearly be ruled
out, the trial continues," CEO Michael Scholl said.

Immune-related conditions such as inflammations, however,
would be subject to particular scrutiny, he added.

MONKEY VIRUS

The Oxford vaccine is designed to instruct human cells to
make distinguishing parts of the coronavirus. That allows the
immune system to build an arsenal against future infections.

A harmless virus known as adenovirus is used to bring the
genetic instruction into the body, an approach which is also
being pursued by China's CanSino, Russia's Gamaleya institute or
Johnson & Johnson.

Backers of the Gamaleya candidate, the first Russian
COVID-19 vaccine, underscored the difference between their jab,
based on an adenovirus in humans, and the British contender with
an adenovirus found in monkeys.

"We have consistently drawn attention to human adenoviral
platform being much safer and much more studied than any other
new platform," the head of Russia's sovereign wealth fund Kirill
Dmitriev told Reuters.

In choosing a monkey virus, AstraZeneca, as well as
Leukocare, are trying to avoid the risk of the immune system
attacking the vector, due to a previous bout with an adenovirus.

The decision to put the trial on hold seemed to have had
little impact on clinical trials being conducted by other
vaccine makers.

Serum Institute of India said its trials of AstraZeneca's
vaccine were ongoing and had not faced any issues.

The U.S. National Institutes of Health, which is providing
funding for AstraZeneca's trial, declined to comment.

Moderna said in an emailed statement it was "not aware of
any impact" to its ongoing COVID-19 vaccine study.

Leading U.S. and European vaccine developers pledged on
Tuesday to uphold scientific safety and efficacy standards for
their experimental vaccines.

Nine companies, including AstraZeneca, Moderna and Pfizer,
issued an "historic pledge" after concerns that safety standards
might slip under political pressure to rush out a vaccine.

The other signatories were Johnson & Johnson, Merck & Co
, GlaxoSmithKline, Novavax Inc, Sanofi
and BioNTech.

(Reporting by Guy Fauconbridge, Estelle Shirbon, Kate Kelland
in London, Deena Beasley; Additional reporting by Peter
Henderson in San Francisco, Rocky Swift in Tokyo, Sangmi Cha in
Seoul and Miyoung Kim in Singapore; Editing by Alexander Smith
and Emelia Sithole-Matarise)

More News
1 Sep 2023 07:12

Japan considering GSK's Nucala drug for sinusitis treatment

(Sharecast News) - Japanese regulators are reviewing a new drug application for GSK's Nucala treatment to be used for the treatment of form of adult sinusitis, the biopharma giant announced on Friday.

Read more
23 Aug 2023 12:10

LONDON MARKET MIDDAY: Stocks rise but pound slumps on sub-par UK data

(Alliance News) - Stocks in Europe were on the up heading into Wednesday afternoon, with equity markets in a confident mood on the eve of the Jackson Hole central banking event, shaking off tepid economic data which hurt the pound and euro.

Read more
23 Aug 2023 08:17

GSK gets positive results from shingles trial of Shingrix in China

(Alliance News) - GSK PLC on Wednesday celebrated positive results from the first-ever efficacy trial of its preventative shingles treatment, Shingrix, in China.

Read more
23 Aug 2023 07:04

GSK reports positive results from shingles vaccine trials in China

(Sharecast News) - GSK reported significant positive findings from its first efficacy trial of the 'Shingrix' shingles vaccine in China on Wednesday.

Read more
22 Aug 2023 13:09

UK's Wood Group raises profit forecast on contract wins; shares rise

CFO David Kemp to retire

*

Read more
21 Aug 2023 22:37

US FDA approves Pfizer's maternal RSV vaccine to protect infants

Aug 21 (Reuters) - The U.S. Food and Drug Administration on Monday approved Pfizer's respiratory syncytial virus (RSV) vaccine for use in women during the middle of the third trimester of pregnancy to protect their babies.

Read more
17 Aug 2023 19:53

Charity says HIV drug deal with GSK's ViiV on ice over price secrecy

(Alliance News) - The Doctors Without Borders, or MSF, charity said Thursday a deal aimed to bring long-term preventative HIV treatment to vulnerable populations was on hold after the drugmaker imposed pricing confidentiality.

Read more
17 Aug 2023 11:56

LONDON MARKET MIDDAY: Stocks down over US rate hike worries

(Alliance News) - Stock prices in Europe were lower at midday on Thursday, after the US Federal Reserve warned that a further interest rate hike may be on the cards.

Read more
17 Aug 2023 08:53

LONDON MARKET OPEN: Stocks fall further after hawkish US Fed minutes

(Alliance News) - Stock prices in London opened in the red on Thursday, amid renewed concerns about further US interest rate increases.

Read more
13 Aug 2023 14:06

Sunday newspaper round-up: White Hydrogen, Bank of England, AI

(Sharecast News) - America's Geological survey estimates that if even a small fraction of naturally occurring - and clean or so-called 'white' - hydrogen beneath the earth's surface were recovered, that would last for hundreds of years. Among the backers of the hydrogen industry is Bill Gates, who ploughed $90m into Koloma, a company hunting for natural hydrogen along the US's Midcontinental Rift System. White hydrogen has also been discovered in Europe, in France's Lorraine region. Nonetheless, the true potential of the stuff will hinge on the findings from those early projects, says Philip Ball, research fellow at Keele University. - Guardian

Read more
10 Aug 2023 15:46

UK dividends calendar - next 7 days

Friday 11 August 
Blackrock Latin American Investment Trust PLCdividend payment date
Caffyns PLCdividend payment date
CMC Markets PLCdividend payment date
Montanaro UK Smaller Cos Investment Trust PLCdividend payment date
Next 15 Group PLCdividend payment date
Ninety One PLC and Ltddividend payment date
Schroder European Real Estate Investment Trust PLCdividend payment date
Sportech PLCspecial dividend payment date
Telecom Plus PLCdividend payment date
Triad Group PLCdividend payment date
Wincanton PLCdividend payment date
Monday 14 August 
Mountview Estates PLCdividend payment date
Tuesday 15 August 
Tatton Asset Management PLCdividend payment date
Wednesday 16 August 
Murray International Trust PLCdividend payment date
Shoe Zone PLCdividend payment date
Thursday 17 August 
4imprint Group PLCex-dividend payment date
abrdn PLCex-dividend payment date
abrdn Property Income Trust Ltdex-dividend payment date
Anglo American PLCex-dividend payment date
Baillie Gifford UK Growth Trust PLCex-dividend payment date
Berkeley Group Holdings PLCex-dividend payment date
BlackRock Sustainable American Income Trust PLCex-dividend payment date
Bridgepoint Group PLCex-dividend payment date
Chemring Group PLCex-dividend payment date
ConvaTec Group PLCex-dividend payment date
Ecofin US Renewables Infrastructure Trust PLCex-dividend payment date
GSK PLCex-dividend payment date
Henderson Opportunities Trust PLCex-dividend payment date
Hiscox Ltdex-dividend payment date
Impact Healthcare REIT PLCex-dividend payment date
Imperial Brands PLCex-dividend payment date
Investec PLC and Ltdex-dividend payment date
iomart Group PLCex-dividend payment date
Keller Group PLCex-dividend payment date
Lancashire Holdings Ltdex-dividend payment date
London Stock Exchange Group PLCex-dividend payment date
Montanaro European Smaller Cos Trust PLCex-dividend payment date
Murray Income Trust PLCex-dividend payment date
NextEnergy Solar Fund Ltdex-dividend payment date
Octopus Renewables Infrastructure Trust PLCex-dividend payment date
Pershing Square Holdings Ltdex-dividend payment date
Rotork PLCex-dividend payment date
Sabre Insurance Group PLCex-dividend payment date
Schroders PLCex-dividend payment date
Sirius Real Estate Ltddividend payment date
Tritax EuroBox PLCex-dividend payment date
UK Commercial Property REIT Ltdex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
7 Aug 2023 08:12

PRESS: Inflexion among firms looking to buy Haleon's nicotine business

(Alliance News) - Sky News reported on Sunday that Inflexion Private Equity Partners is among suitors for Haleon PLC's Nicotinell anti-smoking aid.

Read more
3 Aug 2023 16:31

GSK Nigeria calls an end to its business, to return cash

ABUJA, Aug 3 (Reuters) - GlaxoSmithKline (GSK) Nigeria said on Thursday it plans to stop doing business after evaluating the options for moving to a third-party distribution model for its drugs and consumer healthcare goods.

Read more
2 Aug 2023 20:45

TOP NEWS: GSK sues Pfizer over patent infingements for RSV vaccine

(Alliance News) - GSK PLC on Wednesday sued Pfizer Inc over patent infringement, alleging Pfizer's respiratory syncytial virus vaccine steals key elements of GSK's version.

Read more
2 Aug 2023 15:14

GSK sues Pfizer in US for patent infringement over RSV vaccine

Aug 2 (Reuters) - British biopharmaceutical giant GSK sued Pfizer in a U.S. court on Wednesday, alleging that Pfizer's respiratory syncytial virus (RSV) vaccine Abrysvo violates GSK's patent rights in its rival RSV shot Arexvy.

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.