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'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
2 Aug 2023 08:23

TOP NEWS: Haleon boosts annual guidance after solid first half

(Alliance News) - Haleon PLC on Wednesday upped its annual organic revenue growth guidance following a solid revenue performance in the first half of 2023.

Read more
31 Jul 2023 19:42

IN BRIEF: GSK hails US FDA approval for cancer treatment, Jemperli

GSK PLC - London-based pharmaceutical company - Jemperli plus chemotherapy approved in the US by the Food & Drug Administration as the first new frontline treatment option in decades for primary advanced or recurrent endometrial cancer. Notes Jemperli is the only immuno-oncology treatment approved in the frontline setting for this patient population in combination with chemotherapy. Hesham Abdullah, senior vice president and global head of oncology development at GSK, says: "Today's approval underscore our belief in the potential for Jemperli to transform cancer treatment as a backbone immuno-oncology therapy."

Read more
31 Jul 2023 12:21

DIRECTOR DEALINGS: Qinetiq, Tesco and GSK executives sell shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced late last week and not separately reported by Alliance News:

Read more
31 Jul 2023 09:16

LONDON BROKER RATINGS: Oddo BHF raises IAG to 'outperform'

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

Read more
26 Jul 2023 11:06

GSK raises 2023 outlook boosted by vaccine, HIV drug sales

Q2 sales and earnings beat estimates

*

Read more
26 Jul 2023 09:28

TOP NEWS: GSK raises annual guidance on quarterly earnings growth

(Alliance News) - GSK PLC on Wednesday upgraded its full-year guidance, after seeing a strong quarterly performance on the strength of segments like HIV and Vaccines.

Read more
26 Jul 2023 07:55

GSK lifts full-year guidance after 'excellent' Q2

(Sharecast News) - GSK lifted its full-year guidance on Wednesday after an "excellent" second quarter.

Read more
24 Jul 2023 08:25

GSK says HIV prevention drug recommended for marketing in Europe

(Alliance News) - GSK PLC on Monday said ViiV Healthcare's cabotegravir for HIV prevention has received a positive opinion by the European Medicines Agency for marketing authorisation.

Read more
24 Jul 2023 07:07

GSK's ViiV gets Europe nod for HIV prophylaxis

(Sharecast News) - Pharmaceuticals giant GSK announced on Monday that its majority-owned HIV specialist subsidiary ViiV Healthcare has received a positive opinion from the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP), recommending marketing authorisation for 'cabotegravir' long-acting (LA) injectable and tablets for HIV prevention.

Read more
22 Jul 2023 18:32

Bavarian Nordic ends RSV vaccine programme after poor trial results

July 22 (Reuters) - Denmark-based Bavarian Nordic said on Saturday it was ending its respiratory syncytial virus (RSV) vaccine programme as its Phase 3 clinical trial did not meet all the primary goals of preventing lower respiratory tract disease.

Read more
14 Jul 2023 09:13

LONDON BROKER RATINGS: HSBC says 'buy' AstraZeneca but 'reduce' GSK

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

Read more
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

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.