The next focusIR Investor Webinar takes place tomorrow with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

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: 1,810.00
Bid: 1,807.50
Ask: 1,808.50
Change: 10.50 (0.58%)
Spread: 1.00 (0.055%)
Open: 1,797.00
High: 1,810.00
Low: 1,792.00
Prev. Close: 1,799.50
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-EU seals deal with Novavax for up to 200 million COVID-19 vaccines

Wed, 04th Aug 2021 14:29

(adds context, quote)

By Francesco Guarascio

BRUSSELS, Aug 4 (Reuters) - The European Commission has
approved a supply contract with U.S. firm Novavax to
buy up to 200 million doses of its potential COVID-19 vaccine,
the Commission said on Wednesday.

The move is part of the EU's strategy to diversify its
vaccine portfolio after the bloc betted heavily for the coming
years on messenger RNA (mRNA) shots produced by Pfizer-BioNTech
and Moderna.

"Our new agreement with Novavax expands our vaccine
portfolio to include one more protein-based vaccine, a platform
showing promise in clinical trials," EU health commissioner
Stella Kyriakides said in a statement.

French drugmaker Sanofi, in partnership with
British firm GlaxoSmithKline, is also trying to produce
a protein-based COVID-19 vaccine and has already signed a supply
deal with the EU. But their trials suffered a setback in
December, delaying development.

Under the contract, EU states will be able to buy up to 100
million doses of the Novavax vaccine, with an option for 100
million additional doses until 2023, once the shot has been
approved by the EU drugs regulator which is currently reviewing
it, the Commission said.

Novavax reached a preliminary deal with the bloc in
December, but a final agreement was delayed for months because
the U.S. company faced productions problems.

The deal would allow EU states to receive the first Novavax
doses from the last quarter of this year, the Commission said,
confirming a Reuters report from May

Novavax confirmed the deal in a statement and said it was
working to complete the submission of vaccine data to the EU
drugs regulator in the third quarter of this year, with delivery
of initial doses expected to begin after approval.
"As new coronavirus variants are spreading in Europe and
around the world, this new contract with a company that is
already testing its vaccine successfully against these variants
is an additional safeguard for the protection of our
population," European Commission President Ursula von der Leyen
said.

The EU has reserved a total of 2.4 billion doses of the
Pfizer-BioNTech vaccine in three different contracts, and has
also bought 460 million Moderna shots, clear signs of its
preference for mRNA jabs.

It has also booked 405 million doses of the mRNA vaccine
developed by CureVac, although the vaccine has so far
shown limited efficacy in tests and has not yet been approved by
regulators.

The bloc also has supply deals with AstraZeneca and
Johnson & Johnson which both produce viral vector
vaccines against COVID-19, but the EU has reduced its reliance
on these shots after health concerns and supply problems.

Novavax is the seventh company with which the EU has signed
a supply deal for COVID-19 vaccines.
(Reporting by Francesco Guarascio @fraguarascio; Editing by
Alison Williams and Nick Macfie)

More News
22 Jan 2024 09:34

IN BRIEF: Oxford Nanopore appoints Keher to CFO as Cowper becomes COO

Oxford Nanopore Technologies - Oxford, England-based company specialising in nanopore DNA-sequencing - Appoints Nick Keher as chief financial officer and director, effective immediately. Keher will replace Tim Cowper as he moves into a new role as Oxford Nanopore's chief operating officer. The company says that Cowper has been performing the majority of COO duties for the past five years, and that he will lead the company's efforts to expand its international footprint. The company also says that new CFO Keher possesses "significant experience of financial leadership of complex, scientific businesses", having served in similar roles at Clinigen Group PLC, BenevolentAI SA, Royal Bank of Canada, Investec PLC and GSK PLC.

Read more
17 Jan 2024 09:38

UPDATE: GSK raises GBP978 million as cuts stake in Haleon to 4.2%

(Alliance News) - GSK PLC early Wednesday confirmed it agreed to sell 300 million shares in Haleon PLC, reducing its remaining stake in the consumer healthcare products spin-off to just 4.2%.

Read more
17 Jan 2024 08:05

GSK raises £978m through Haleon share sale

(Sharecast News) - GSK said on Wednesday that it has raised around £978m from the sale of shares in Haleon.

Read more
17 Jan 2024 07:46

LONDON BRIEFING: UK inflation surprises as unexpectedly rises to 4.0%

(Alliance News) - Stocks in London are called to open lower on Wednesday, following some hotter-than-expected consumer price data from the UK.

Read more
17 Jan 2024 07:31

GSK raises $1.24 bln from latest Haleon stake sale

Jan 17 (Reuters) - GSK has raised 978 million pounds ($1.24 billion) from a discounted sale of a stake in its spun-off consumer healthcare business Haleon, the British drugmaker said on Wednesday.

Read more
16 Jan 2024 17:04

GSK to sell GBP1 billion worth of Haleon shares as trims stake again

(Alliance News) - GSK PLC on Tuesday said it intends to sell around GBP1.00 billion worth of shares in Haleon PLC, as it continues to reduce its shareholding in the Weybridge, Surrey-based consumer healthcare spin-off.

Read more
16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

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

Read more
16 Jan 2024 08:15

UBS downgrades AstraZeneca to 'sell'

(Sharecast News) - UBS has downgraded AstraZeneca and upgraded rival GSK as part of its latest review of the European pharmaceutical sector.

Read more
16 Jan 2024 07:37

LONDON BRIEFING: UK jobless rate sticks at 4.2% but pay growth slows

(Alliance News) - Stocks in London are called to open lower on Tuesday, following data showing that the UK jobless rate was unchanged at 4.2% as pay growth slowed.

Read more
15 Jan 2024 08:42

Zantac fallout unfairly weighing on GSK, says Shore Capital

(Sharecast News) - Shore Capital has raised its target price and maintained a positive stance on biopharma giant GSK, saying that worries about the potential cost of Zantac litigation are unfairly weighing on the stock.

Read more
10 Jan 2024 09:35

LONDON BROKER RATINGS: BofA cuts Ashtead; UBS likes 3i Group

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

Read more
10 Jan 2024 08:25

GSK says Nucala gets green light in China for asthma treatment

(Alliance News) - GSK PLC on Wednesday said Nucala has been approved in China for the treatment of severe asthma.

Read more
10 Jan 2024 07:22

GSK's Nucala gets fresh approval in China

(Sharecast News) - GSK announced on Wednesday that the China National Medical Products Administration (NMPA) has granted approval for 'Nucala', or mepolizumab, as an add-on maintenance treatment for severe eosinophilic asthma in adults and adolescents aged 12 years and older.

Read more
9 Jan 2024 16:22

London close: Stocks finish red after choppy session

(Sharecast News) - London stocks had turned back into the red by the close on Tuesday, with recruitment firms and asset managers pacing the declines after some disappointing corporate updates.

Read more
9 Jan 2024 08:03

TOP NEWS: GSK to buy Aiolos Bio for up to USD1.4 billion

(Alliance News) - GSK PLC on Tuesday said it will acquire asthma drug developer Aiolos Bio Inc for USD1 billion upfront, as well as up to USD400 million in certain success-based milestone payments.

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.