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 3-GSK recalls popular heartburn drug Zantac globally after cancer scare

Tue, 08th Oct 2019 16:53

* GSK recalls Zantac products in all markets as a
"precaution"

* Four products recalled; OTC ones not affected -UK
regulator

* GSK says working with regulators to address concerns
(Tweaks headline, first paragraph; adds company comment)

By Justin George Varghese

Oct 8 (Reuters) - GlaxoSmithKline on Tuesday said it
is recalling the popular heartburn medicine Zantac in all
markets as a "precaution", days after the U.S. Food and Drug
Administration found "unacceptable" levels of probable
cancer-causing impurity in the drug.

Zantac, also sold generically as ranitidine, is the latest
drug in which cancer-causing impurities have been found.
Regulators have been recalling some blood pressure and heart
failure medicines since last year.

Britain's medicines watchdog said GlaxoSmithKline (GSK) was
recalling four prescription-only Zantac medicines: a syrup, an
injection and tablets of 150 and 300 milligram (mg) dosages. (https://bit.ly/2IATooO)

Over-the-counter 75 mg dosage Zantac products are produced
by a different company and are not affected by the recall, it
added.

"GSK informed the MHRA of our decision to suspend the
release, distribution and supply of all dose forms of Zantac
products," a company spokesman confirmed to Reuters.

"GSK is continuing with investigations into the potential
source of the NDMA," he said, adding that the investigations
include continued engagement with its suppliers and with
external laboratories to conduct tests on finished product
batches of Zantac.

The Medicines and Healthcare products Regulatory Agency
(MHRA) said healthcare professionals were told on Monday to
"stop supplying the products immediately, quarantine all
remaining stock and return it to their supplier".

"We are advising that patients should not to stop taking
their medication, and do not need to see their doctor until
their next routine appointment but should seek their doctor's
advice if they have any concerns," the MHRA said.

GLOBAL STOPPAGE

U.S. and European health regulators said last month they
were reviewing the safety of ranitidine, after online pharmacy
Valisure flagged the impurities.

The FDA said Valisure's higher-temperature testing method
generated very high levels of NDMA from the ranitidine drugs.

NDMA had previously been found in some blood pressure
medicines from a class of drugs known as angiotensin II receptor
blockers, or ARBs.

After checking the over-the-counter drugs using a low-heat
method of testing, the FDA said it found much lower levels of
NDMA than was discovered with a higher temperature test employed
by Valisure.

The U.S. regulator has asked ranitidine makers to conduct
their own testing to assess levels of the impurity and to send
samples of their products for testing by the agency.

Swiss drugmaker Novartis halted global distribution
of its ranitidine drugs last month.

Last week, Walmart Inc joined pharmacy chains CVS
Health Corp, Walgreens Boots Alliance Inc and
Rite Aid Corp in suspending the sale of over-the-counter
heartburn drugs containing ranitidine.

Canada's health authorities have asked makers of the drugs
to halt distribution as they gather more information. Last
month, regulators in Hong Kong pulled four products, while in
Ireland 13 products containing ranitidine were recalled.

The impurity was believed to have been introduced by changes
in the manufacturing process.

(Reporting by Justin George Varghese in Bengaluru; Editing by
Deepa Babington, Mark Potter and Dan Grebler)

More News
3 Oct 2023 11:59

LONDON MARKET MIDDAY: HSBC and StanChart help FTSE 100 outperform

(Alliance News) - London's FTSE 100 grew in confidence as Tuesday morning progressed, going into the afternoon in the green and outperforming European peers.

Read more
25 Sep 2023 09:13

LONDON BROKER RATINGS: Jefferies raises AstraZeneca to 'buy'

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

Read more
25 Sep 2023 08:37

TOP NEWS: GSK's Arexvy vaccine approved for adults over 60 in Japan

(Alliance News) - GSK PLC on Monday said the Japan Ministry of Health, Labour & Welfare has approved Arexvy for adults over 60.

Read more
25 Sep 2023 07:28

GSK's RSV vaccine gets approval in Japan

(Sharecast News) - GSK announced on Monday that its vaccine, Arexvy, has received approval from Japan's Ministry of Health, Labour and Welfare (MHLW) for preventing respiratory syncytial virus (RSV) disease in adults aged 60 and over.

Read more
19 Sep 2023 09:30

GSK says new HIV PrEP medication authorised by European Commission

(Alliance News) - GSK PLC on Tuesday said the European Commission has authorised ViiV Healthcare's "superior" drug Apretude to reduce the risk of sexually acquired HIV-1 infection.

Read more
18 Sep 2023 09:40

LONDON BROKER RATINGS: Jefferies likes Energean; JPMorgan raises IDS

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

Read more
18 Sep 2023 07:57

LONDON BRIEFING: Phoenix Group hails "impressive" first-half

(Alliance News) - Stocks in London are called lower on Monday, as investors focus on the week's upcoming central bank decisions.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

Read more
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.

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.