Why the world’s largest trio of vaccine makers failed on Covid-19
Despite their jab expertise, GlaxoSmithKline, Merck, and Sanofi were outdone by less recognisable names in the space
Company
LON:GSK
GSK PLC will be a fully focused biopharma company following the demerger of its world-leading consumer healthcare business, Haleon, in July 2022. The company will prioritise innovation in vaccines and specialty medicines, maximising the increasing opportunities to prevent and treat disease.
746 stories · page 14 of 38
Despite their jab expertise, GlaxoSmithKline, Merck, and Sanofi were outdone by less recognisable names in the space
Daprodustat has been developed for people also suffering from chronic kidney disease
Sierra Oncology's lead product has successfully navigated a phase III clinical trial
Offers on the table amount to a pay cut in real terms, with the latest retail price inflation reaching 7.8% earlier this year
In recent times, Aberdeen Standard Life transformed to Abrdn, Weight Watchers turned into Wellness and Wellbeing and Facebook changed its name to Meta.
Haleon demerger will refocus investors while positive data on RSV vaccine could accelerate closing of devaluation gap, says Berenberg
Company said marketing permission is biggest milestone for HIF-PHI daprodustat since Japanese approval
Canada has approved the jab, which was developed in collaboration with Medicago
Results from the Phase III trials were expected to be released last year
“Haleon has enormous potential to improve health and wellbeing across the world with strong prospects for growth, and through listing will unlock significant value for GSK shareholders," GSK CEO Emma Walmsley
On the plus side, the name does not have any seemingly raNdOm caPitAl letters in it
Enrolment was halted on the advice of an independent data monitoring committee
Glaxo, Barratt and Dunelm are among the notable names in the diary for Wednesday.
Archive
The oil price is down but Shell and BP - the latter ahead of results - are on the rise
It brings to an end a long-running legal wrangle with US giant Gilead Sciences
Barron has been appointed as chief executive officer of the new US biotech company Altos Labs
GSK's board is under pressure from activist shareholders to sell the Consumer Healthcare business but it believes the £50bn Unilever bid undervalues the company.
Archive
The Footsie has again risen above 7,600 but this time with a bit more authority
The demerger of the consumer healthcare business will take place in mid-2022 and the new company will list on the London Stock Exchange
"These preliminary data show we have a strong booster candidate, whatever primary vaccine you have received"