focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

GSK meningococcal vaccine accepted by US FDA for review

Tue, 16th Apr 2024 09:17

(Sharecast News) - GSK announced on Tuesday that its five-in-one meningococcal ABCWY (MenABCWY) vaccine candidate had been accepted for regulatory review by the US Food and Drug Administration (FDA).

The FTSE 100 pharmaceuticals giant said the Prescription Drug User Fee Act (PDUFA) action date for the FDA's regulatory decision on the application was set for 14 February 2025.

It said the vaccine candidate, which it developed, offered broad coverage against the five most common groups of bacteria causing invasive meningococcal disease (IMD).

If approved, the vaccine could potentially streamline immunisation protocols by reducing the number of injections required.

The company said the innovative vaccine combines the antigenic components of two established meningococcal vaccines - Bexsero and Menveo - both known for their efficacy and safety profiles.

It said the MenABCWY combination targeted neisseria meningitidis bacteria groups A, B, C, W, and Y, which collectively account for a majority of IMD cases worldwide.

Simplifying immunisation through fewer shots aimed to enhance series completion and vaccination coverage, ultimately reducing the overall burden of IMD.

GSK said adolescents particularly stood to benefit as they were at higher risk of IMD and potential outbreaks.

The company described IMD as a severe and unpredictable illness with potentially life-threatening complications.

Despite treatment, the mortality rate remained significant, while survivors could face long-term consequences such as brain damage and hearing loss.

In the US, where meningococcal vaccine recommendations had covered all five serogroups since 2015, immunisation rates for IMD remained low, partly due to a complex vaccination schedule.

MenB, the most common group of IMD-causing bacteria in US adolescents and young adults, remained a significant concern.

Results from the phase three trial of the MenABCWY vaccine candidate showed promising outcomes, meeting all primary endpoints.

That included immunological non-inferiority to GSK's Meningococcal Groups A,C,Y, and W Vaccine and non-inferior immune responses against a broad range of MenB invasive strains.

The vaccine also demonstrated a favourable safety profile, consistent with both constituent vaccines.

At 0920 BST, shares in GSK were down 1.98% at 1,611p.

Reporting by Josh White for Sharecast.com.

Related Shares

More News
Today 11:52

LONDON MARKET MIDDAY: FTSE 100 slides; Eurozone inflation steady

(Alliance News) - Stock prices in London were lacklustre at midday on Friday, as investors eye the trajectory of interest rates across the globe.

Today 09:03

TOP NEWS: GSK sells remaining Haleon stake for GBP1.25 billion

(Alliance News) - GSK PLC on Friday said it has sold its remaining shares in Haleon PLC, marking a total exit from its consumer healthcare spin-off.

Today 08:56

LONDON MARKET OPEN: FTSE 100 lacklustre as Wall Street rally ends

(Alliance News) - Stock prices in London opened lower on Friday, after Thursday saw Wall Street's rally end in a record breaking session.

Today 07:42

LONDON BRIEFING: Land Securities ups dividend; GSK sells Haleon stake

(Alliance News) - Stocks in London are called to open lower, as investors wait for an inflation reading from the eurozone later this morning.

Today 07:29

GSK raises £1.25bn from sale of remaining Haleon stake

(Sharecast News) - GSK said on Friday that it has sold its remaining 4.2% stake in consumer health business Haleon, which it spun off in July 2022.

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.