PYX Resources: Achieving volume and diversification milestones. Watch the video 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: 1,772.00
Bid: 1,771.50
Ask: 1,772.50
Change: -11.50 (-0.64%)
Spread: 1.00 (0.056%)
Open: 1,773.50
High: 1,779.00
Low: 1,764.50
Prev. Close: 1,783.50
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 4-Sanofi ditches mRNA COVID-19 vaccine amid rivals' success

Tue, 28th Sep 2021 07:22

(Adds background, orders of protein-based shots)

PARIS, Sept 28 (Reuters) - Sanofi is dropping
plans for its own mRNA-based COVID-19 vaccine because of the
dominant role of the BioNTech-Pfizer alliance
as well as Moderna in the fight against the pandemic,
the company said on Tuesday.

The move highlights the challenges of competing in
particular with pioneer BioNTech, which rose from
obscurity through its alliance with pharma major Pfizer last
year. The pair have delivered close to 1.5 billion doses so far,
making them the western world's largest COVID-19 vaccine maker.

French healthcare group Sanofi will instead focus on efforts
with British partner GlaxoSmithKline to bring another COVID-19
vaccine candidate to market based on the more conventional
protein-based approach, where mass trials are
ongoing.

The decision to drop clinical development of the mRNA shot,
acquired as part of its takeover of Translate Bio, came
despite positive Phase I/II study interim results https://www.sanofi.com/en/media-room/press-releases/2021/2021-09-28-08-00-00-2304069
announced on Tuesday where participants' blood readings showed
a strong immune reaction.

But Sanofi said the read-out encouraged it only to pursue
the technology as a potential vaccine against influenza and
other diseases, giving up on the area of COVID-19 because of the
strong market presence of the two approved mRNA shots.

"These results will clearly help inform the path forward for
our mRNA development programs," said Jean-Francois Toussaint,
global head of research and development at Sanofi Pasteur.

The company said it started testing an mRNA shot against
seasonal influenza in humans in June and will launch follow-on
clinical studies next year.

German biotech firm CureVac earlier this month also
acknowledged rivals' dominance when it cancelled some of the
contract manufacturing deals for its experimental mRNA COVID-19
vaccine with two prospective partners.

CureVac's product is under review by the European Union's
drugs regulator with an uncertain outcome after disappointing
trial results.

The mRNA vaccines trick the human body into producing
proteins known as antigens that are found on the surface of the
coronavirus that causes COVID-19. That primes the immune system
to quell future infections.

Under the more traditional protein-based vaccine approach
that Sanofi will now focus on, the antigen is bioengineered in
labs and combined with an efficacy booster known as adjuvant,
provided by GSK.

Sanofi executive Thomas Triomphe told journalists in a
briefing that the EU and Britain had ordered 75 million doses of
this vaccine, banking on future regulatory approval.

(Reporting by Ludwig Burger, Sarah White and Sudip Kar-Gupta,
editing by Louise Heavens and David Evans)

More News
3 Jan 2024 17:48

London close: Stocks fall amid rising geopolitical concerns

(Sharecast News) - London stocks closed lower on Wednesday - the 40th anniversary of the FTSE 100's launch - as sentiment remained cautious due to increasing tensions in the Middle East.

Read more
3 Jan 2024 17:10

Miners, personal goods stocks drag FTSE 100 to two-week low

Burberry slips on rating downgrade

*

Read more
3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes.

Read more
3 Jan 2024 12:10

LONDON MARKET MIDDAY: Stocks down before Fed minutes and US PMI data

(Alliance News) - Stock prices in London were down at midday on Wednesday, in cautious trade ahead of key US data and central bank minutes in the afternoon.

Read more
3 Jan 2024 11:07

Jefferies upgrades GSK to 'buy', cuts AstraZeneca to 'hold'

(Sharecast News) - Jefferies has upgraded its rating on GlaxoSmithKline to 'buy' and cut AstraZeneca to 'hold' as part of its review of the European pharma sector.

Read more
3 Jan 2024 09:23

LONDON BROKER RATINGS: GSK raised to 'buy'; AstraZeneca cut to 'hold'

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

Read more
3 Jan 2024 08:58

LONDON MARKET OPEN: Stocks mixed pre-Fed minutes, amid Asia losses

(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.

Read more
3 Jan 2024 07:54

LONDON BRIEFING: Stocks to open flat pre-Fed minutes, jobs data

(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.

Read more
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.

Read more
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.

Read more
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

*

Read more
18 Dec 2023 17:21

Energy stocks lift UK's FTSE 100, Vodafone shines

Vodafone jumps as Iliad offers to merge Italian units

*

Read more
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.

Read more
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.

Read more
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.

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.