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Pin to quick picksGlaxosmithkline Share News (GSK)

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UPDATE 2-AstraZeneca's antibody therapy prevents COVID-19, study shows

Fri, 20th Aug 2021 07:53

* Antibody combo 77% effective in preventing COVID-19

* New hope for immunocompromised with low vaccine protection

* AstraZeneca pursuing initial approval well before year-end
(Adds further development, expected review, strategic
implications)

By Ludwig Burger

Aug 20 (Reuters) - AstraZeneca's new antibody
therapy reduced the risk of people developing COVID-19 symptoms
by 77% in a late-stage trial, putting the drugmaker on track to
offer protection to those who respond poorly to vaccines.

The company said on Friday that 75% of the participants in
the trial for the therapy - two types of antibodies discovered
by Vanderbilt University Medical Center - had chronic conditions
including some with a lower immune response to vaccinations.

Similar therapies made with a drug class called monoclonal
antibodies which mimic naturally occurring immune system
proteins are being developed by Regeneron, Eli Lilly
and GlaxoSmithKline with partner Vir.

But AstraZeneca is the first to publish positive COVID
prevention data from an antibody trial.

The good news on the therapy was tempered, however, by a
separate AstraZeneca statement https://www.astrazeneca.com/media-centre/press-releases/2021/update-on-ultomiris-phase-iii-als-trial.html
on Friday.

It said a trial of a treatment for the rare neurological
disorder amyotrophic lateral sclerosis (ALS), developed by
AstraZeneca's newly acquired Alexion, had been stopped early due
to a lack of efficacy.

AstraZeneca executive Mene Pangalos said the therapy trial
results were taken three months after the antibodies were
injected and investigators would follow up as far out as 15
months in the hope the company can tout the shot as a year-long
shield.

Pangalos signalled that the prospects of a new COVID-19
product in AstraZeneca's medicine cabinet could also enhance the
strategic value of its existing vaccine Vaxzevria, which it
developed in collaboration with Oxford University.

"No other company has delivered two molecules against
SARS-CoV2. This definitely helps us in positioning us in terms
of COVID," Pangalos told Reuters. SARS-CoV2 is the scientific
name for the coronavirus that causes COVID-19.

Another leading AstraZeneca executive, Ruud Dobber, had said
last month that different strategic options were being explored
for AstraZeneca's vaccine operations, which have faced a string
of challenges.

APPROVAL TARGETS

The Anglo-Swedish drugmaker has suffered production problems
during the rollout of Vaxzevria while very rare cases of blood
clotting have weighed heavily on demand for the shot in Europe.
The vaccine has also yet to win clearance in the United States.

Concerns over the new Delta variant and waning vaccine
efficacy have prompted several high-income countries to offer a
third vaccine shot on top of the usual two-shot regimen to the
immunocompromised and other groups at risk.

The immunocompromised, such as those with organ transplants
or in cancer care, make up about 2% of the population and would
be the main target group for the new therapy. Naval forces on
missions could also benefit, among others, Pangalos said.

Even though only 12% to 13% of the trial volunteers were
vaccinated when the therapy trial data was generated,
AstraZeneca will seek to position the shot as a top-up to
previous inoculations.

Pangalos said AstraZeneca was targeting conditional approval
in major markets for the therapy well before year-end and that
roughly 1 to 2 million doses would be produced by then.

Any bulk supply contracts would prompt the company to boost
production, with one or two manufacturing sites at as-yet
undisclosed locations serving world demand, he said.

(Additional Reporting by Muvija M in Bengaluru; Editing by
Sriraj Kalluvila, Jason Neely and David Clarke)

More News
18 Sep 2023 07:18

US FDA approves GSK treatment for myelofibrosis

(Sharecast News) - GSK announced on Monday that the US Food and Drug Administration (FDA) has granted approval for 'Ojjaara', or momelotinib, as a treatment for adults suffering from intermediate or high-risk myelofibrosis with anaemia, including cases of primary myelofibrosis or secondary myelofibrosis.

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15 Sep 2023 21:52

GSK's Ojjaara approved in US for myelofibrosis patients with anaemia

(Alliance News) - GSK PLC on Friday said Ojjaara, also known as momelotinib, has been approved in the US and the "first and only" treatment indicated for myelofibrosis patients with anaemia.

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11 Sep 2023 08:24

Japan accepts GSK's regulatory filing for momelotinib for blood cancer

(Alliance News) - GSK PLC on Monday reported regulatory progress for momelotinib, as Japan's Ministry of Health, Labour & Welfare accepted a review for the blood cancer-focused drug.

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11 Sep 2023 07:54

LONDON BRIEFING: Restaurant Group sells Frankie & Benny's and Chiquito

(Alliance News) - Stocks in London are called higher on Monday, ahead of a busy week of interest rate decisions and economic data.

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6 Sep 2023 09:32

LONDON BROKER RATINGS: Shore says 'buy' B&M; Peel Hunt likes Halfords

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

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4 Sep 2023 06:00

More UK babies to need hospital treatment over delay of GSK's RSV jab

(Alliance News) - The nation's top children's doctor has warned a delay on a new vaccine to combat respiratory syncytial virus, or RSV, will mean more babies and infants will need hospital treatment this winter.

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1 Sep 2023 09:11

GSK antibody accepted for Japan review, Goldman Sachs reduces stake

(Alliance News) - GSK PLC on Friday said a new drug application for its monoclonal antibody mepolizumab has been accepted for review by the Japanese government.

Read more
1 Sep 2023 07:49

LONDON BRIEFING: Stocks seen higher; UK house prices continue to fall

(Alliance News) - Stocks in London are set to open higher on Friday as markets looked ahead to a data-heavy day.

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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.

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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.

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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

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