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Pin to quick picksGlaxosmithkline Share News (GSK)

Share Price Information for Glaxosmithkline (GSK)

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Share Price: 1,783.50
Bid: 1,780.00
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Change: -29.00 (-1.60%)
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UPDATE 3-AstraZeneca antibody cocktail study shows success treating COVID-19

Mon, 11th Oct 2021 07:52

* Shortly after infection, drug cuts risk of deterioration

* Astra sees shot's main use in preventative setting

* Faces competition from other antibodies, Merck tablet
(Adds quotes from media call)

By Ludwig Burger, Yadarisa Shabong and Sachin Ravikumar

Oct 11 (Reuters) - AstraZeneca's antibody cocktail
against COVID-19, which has proven to work as a preventative
shot in the non-infected, was also shown to save lives and
prevent severe disease when given as treatment within a week of
first symptoms.

The drug, a combination 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, the Anglo-Swedish drugmaker said on Monday.

The risk reduction was even better in patients who started
therapy within just five days of initial symptoms, but
AstraZeneca joins an already crowded field of medicines that
were shown to prevent deterioration in patients with mild
disease when given soon after diagnosis.

AstraZeneca executive Mene Pangalos said in a media call
that the treatment results would mainly underscore the potential
future use as a non-vaccine prevention.

"If and when this is approved it will be used in the
treatment setting as well. But the real differentiator for this
antibody is going to be in the prophylactic setting," he said.

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.

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 Eli Lilly's
therapy showed a 70% reduction in viral load at day seven
compared to a placebo.

Merck & Co Inc, in turn, is emphasising the
convenience of use of its anti-COVID-19 tablet, which cut the
risk of having to got to hospital or of dying by 50% in a trial
of early-stage patients who had at least one risk factor.

Merck, collaborating with Ridgeback Biotherapeutics, on
Monday applied for U.S. emergency clearance for the oral
drug.

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

As such, it is designed to protect people who do not have a
strong enough immune response to vaccines, primarily those who
have received organ transplants or who are in cancer care.

If full market clearance is obtained after any emergency
approval the market could widen, for instance, to include crew
and passengers of a cruise ship, said Pangalos.

"You can say the same for people who don't want to be
vaccinated but want an antibody," he added.

AstraZeneca said it is submitting the new treatment data on
AZD7442 to global health regulators.

The trial took place across 13 countries and involved more
than 900 adult participants, 90% of whom suffered from
conditions that made the particularly vulnerable to COVID-19,
such as cancer and diabetes. 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.

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.
(Reporting by Ludwig Burger in Frankfurt, Yadarisa Shabong in
Bengaluru; Editing by Saumyadeb Chakrabarty, Kirsten Donovan and
Alexander Smith)

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

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(Alliance News) - Stock prices in London opened mixed on Wednesday, ahead of US Federal Reserve meeting minutes and manufacturing PMI data for the US in the evening and afternoon respectively.

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3 Jan 2024 07:54

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(Alliance News) - The FTSE 100 is expected to open flat on Wednesday, as London's flagship index celebrates its 40th anniversary, after mostly downbeat trading in Asia and a tech sell-off in New York.

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29 Dec 2023 13:01

LONDON MARKET CLOSE: UK equities outclassed by other markets in 2023

(Alliance News) - Stock prices in London closed mixed on Friday, the final trading day of 2023, as the annual returns from UK equities were outshone by international markets.

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20 Dec 2023 13:29

GSK buys rights to Hansoh Pharma antibody-drug conjugate

(Sharecast News) - GSK has agreed to buy the rights to an antibody-drug conjugate (ADC) - HS-20093 - from Chinese biopharmaceutical group Hansoh Pharma.

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19 Dec 2023 15:36

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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*

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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

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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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