GlaxoSmithKline to drop quarterly results as Elliot presence signals it’s time for change
JP Morgan expect revenue to slide 11% to £7.7bn after the rollout of Shingrix was hindered by the pandemic
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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.
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JP Morgan expect revenue to slide 11% to £7.7bn after the rollout of Shingrix was hindered by the pandemic
The trial showed an overall response rate of 42.3% and a duration of response of six months or more for 93.3% of participants
Liberum expects a spike in revenue after short-term headwinds this and next year
The activist fund manager has acquired what was described as a significant stake,
Novavax is expecting a decision from the regulator as soon as next month
The inappropriate conduct would have happened while Moncef Slaoui was still working at the pharma giant
Medicago's candidate, in combination with Glaxo's pandemic adjuvant, has been granted Fast Track designation by the FDA
The pharma giant is developing a monoclonal antibody with US biotech Vir
The pharma giant is expanding the study to focus on the candidate's effects on patients aged over 70
“We are confident that our vaccine candidate has strong potential and we are very encouraged by the latest preclinical data"
Previous backers include GlaxoSmithKline, which invested US$300mln in 2018 as part of an exclusive four-year collaboration deal
Analysts remain cautious on the forecast growth rebound in 2022 because of COVID-19 disruption
FTSE 100 index falls 10 pointsUS stocks start mixedUS private sector adds 174k jobs in January2.47pm: Mixed start for US stocksThe Wednesday session on Wall Street was off to a mixed start on Wednesday as investors digested the latest set o
The firm is missing out on huge revenue upside from COVID-19 vaccines as it's months behind its competitors
The pair will work on new jabs targeting new variants of the virus
Wednesday is scheduled to bring heavyweight updates from both sides of the Atlantic, while the macro diary is scheduled to see new PMI data from the UK and US service sectors
Cabenuva reduces the treatment dosing days from 365 days to 12 days per year
Meanwhile, another broker has Glaxo as its top pick in a pharma sector that looks poised for growth
ViiV’s Vocabria used in combination with Janssen Pharmaceutical’s rilpivirine injection and tablets
It is the first setback in a largely successful quest for a vaccine