STOCK TITAN

GSK plc American Depositary Shares (Each representing two Ordinary Shares) - GSK STOCK NEWS

Welcome to our dedicated page for GSK plc American Depositary Shares (Each representing two Ordinary Shares) news (Ticker: GSK), a resource for investors and traders seeking the latest updates and insights on GSK plc American Depositary Shares (Each representing two Ordinary Shares) stock.

GSK plc (formerly known as GlaxoSmithKline plc) is a leading British multinational pharmaceutical and biotechnology company headquartered in London, England. It ranks among the largest pharmaceutical companies globally by total sales, marking its influence in the industry. GSK’s core business segments include prescription medicines, vaccines, and consumer healthcare products. The company has a strong presence in therapeutic areas such as respiratory, oncology, antiviral treatments, and vaccines.

GSK leverages innovations in science and technology to develop and deliver a range of new treatments. Recent achievements include significant advancements in the development of respiratory therapies and cancer treatments. The company also focuses on combating infectious diseases through its strong vaccine portfolio, which includes vaccines for diseases like shingles, influenza, and hepatitis.

Financially, GSK demonstrates robust performance with consistent revenue growth driven by its diverse product pipeline and strategic market presence. The company engages in joint ventures to expand its reach, notably in the HIV market through its collaboration with ViiV Healthcare.

GSK’s commitment to improving global health is evidenced by its dynamic research and development efforts, strategic partnerships, and innovative product launches. Recent news highlights the company’s collaboration with Elegen and Elsie Biotechnologies, Inc., signifying its ongoing efforts to enhance its product offerings and research capabilities.

Investors and stakeholders can stay informed about GSK’s developments and performance by following the latest company news, financial updates, and product announcements.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
Tags
none
-
Rhea-AI Summary
BELLUS Health Inc. announces special meeting for shareholders to consider and adopt a special resolution approving the acquisition of the company by GSK for $14.75 per share. The meeting will be held on June 16, 2023, and shareholders of record as of May 15, 2023, will be eligible to participate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
-
Rhea-AI Summary
BELLUS Health Inc. has announced an agreement to be acquired by GSK for US$14.75 per share of common stock in cash, representing a premium of approximately 103%. The transaction is expected to close in Q3 2023. BELLUS Health is actively advancing its CALM Phase 3 clinical program for camlipixant (BLU-5937) in refractory chronic cough, with topline results expected in the second half of 2024 and 2025. The company is also pursuing the development of its P2X3 receptor pipeline. BELLUS Health reported positive results from its Phase 1 clinical trial for an Extended-Release formulation of camlipixant. The company will be presenting at the upcoming American Thoracic Society 2023 International Conference. Financially, BELLUS Health had available cash, cash equivalents, and short-term investments totaling US$313.0 million as of March 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
Tags
Rhea-AI Summary
GSK receives FDA approval for the first RSV vaccine for older adults, AREXVY
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.62%
Tags
none
-
Rhea-AI Summary

GSK plc (LSE/NYSE: GSK) has announced its agreement to acquire BELLUS Health Inc. (TSX/NASDAQ: BLU) for US$14.75 per share, totaling an approximate equity value of US$2.0 billion. This acquisition aims to strengthen GSK's specialty medicines and respiratory pipeline, particularly through camlipixant, a selective P2X3 antagonist for refractory chronic cough (RCC), currently in phase III clinical trials with a launch anticipated in 2026. The deal is projected to be accretive to adjusted EPS starting from 2027 and has significant sales potential through 2031.

With an estimated 28 million patients suffering from chronic cough globally, this acquisition addresses a substantial unmet medical need, as no approved medicines currently exist for RCC in the US and EU.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.63%
Tags
Rhea-AI Summary

Arrowhead Pharmaceuticals (NASDAQ: ARWR) has achieved a $30 million milestone from GSK (LSE/NYSE: GSK) following the initiation of GSK4532990's Phase 2b trial for treating non-alcoholic steatohepatitis (NASH). This investigational RNA interference therapeutic was licensed to GSK in November 2021, with Arrowhead retaining rights for Greater China. The trial, known as HORIZON (NCT05583344), will assess the drug's efficacy and safety in up to 246 participants with pre-cirrhotic NASH. GSK4532990 targets HSD17B13, a gene linked to metabolic protection against NASH.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
Tags
none
-
Rhea-AI Summary

PathAI has partnered with GSK to conduct the HORIZON Phase 2b clinical trial targeting non-alcoholic steatohepatitis (NASH). This randomized trial will assess the efficacy of GSK4532990 on improving liver histology compared to placebo in patients with advanced fibrosis. PathAI will utilize its AIM-NASH tool for AI-driven histologic evaluation and provide comprehensive pathology services from biopsy analysis to lab services at its Memphis facility. The trial aims to last up to 76 weeks, with treatment lasting up to 52 weeks. This partnership builds on their existing collaboration focusing on drug development in NASH and oncology.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
Tags
-
Rhea-AI Summary

GSK announced promising interim results from the RUBY phase III trial, which evaluates dostarlimab-gxly combined with standard chemotherapy for advanced endometrial cancer. Notably, a 72% reduction in disease progression risk was observed in the dMMR/MSI-H subgroup, while an overall reduction of 36% was reported across all participants. The trial showcased clinically meaningful trends in overall survival and was presented at prestigious medical forums, with regulatory submissions anticipated by mid-2023. These advancements underscore GSK’s commitment to improving treatment options for endometrial cancer.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
Rhea-AI Summary

GSK has launched a national health education campaign called Sideline RSV in partnership with Earvin “Magic” Johnson to raise awareness about the risks of Respiratory Syncytial Virus (RSV) among older adults. The campaign aims to educate this demographic, particularly those with chronic health issues, about RSV's severity, given that approximately 177,000 adults aged 65+ are hospitalized annually in the US due to RSV, leading to an estimated 14,000 deaths. The campaign will include a dedicated website, social media initiatives, and community events to enhance understanding and encourage discussions about RSV and its risks.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
Tags
partnership

FAQ

What is the current stock price of GSK plc American Depositary Shares (Each representing two Ordinary Shares) (GSK)?

The current stock price of GSK plc American Depositary Shares (Each representing two Ordinary Shares) (GSK) is $33.35 as of November 15, 2024.

What is the market cap of GSK plc American Depositary Shares (Each representing two Ordinary Shares) (GSK)?

The market cap of GSK plc American Depositary Shares (Each representing two Ordinary Shares) (GSK) is approximately 68.0B.

What is GSK plc?

GSK plc is a British multinational pharmaceutical and biotechnology company headquartered in London, England, known for its prescription medicines, vaccines, and consumer healthcare products.

What are the main therapeutic areas GSK focuses on?

GSK focuses on respiratory diseases, oncology, antiviral treatments, and vaccines.

What recent collaborations has GSK engaged in?

Recent collaborations include partnerships with Elegen and Elsie Biotechnologies, Inc.

How does GSK expand its reach in the HIV market?

GSK expands its reach in the HIV market through its joint venture with ViiV Healthcare.

Where is the headquarters of GSK located?

GSK’s headquarters are located in London, England.

What achievements has GSK made recently?

GSK has made significant advancements in respiratory therapies, cancer treatments, and vaccine development.

What is the financial condition of GSK?

GSK demonstrates robust financial performance with consistent revenue growth driven by a diverse product pipeline and strategic market presence.

How can investors stay updated about GSK?

Investors can stay updated by following the latest company news, financial updates, and product announcements.

What does GSK's product portfolio include?

GSK's product portfolio includes prescription medicines, vaccines for various diseases, and consumer healthcare products.

Does GSK engage in research and development?

Yes, GSK is committed to improving global health through dynamic research and development efforts.

GSK plc American Depositary Shares (Each representing two Ordinary Shares)

NYSE:GSK

GSK Rankings

GSK Stock Data

67.97B
4.15B
0.06%
15.46%
0.81%
Drug Manufacturers - General
Healthcare
Link
United States of America
Brentford