(Alliance News) - The FTSE 100 drifted lower on Wednesday in lacklustre trading ahead of the Christmas break, although a chunky disposal by BP brought some life to proceedings. Read More
(Alliance News) - Stock prices in London opened modestly lower on Wednesday, during a shortened trading session ahead of the Christmas holiday break. Read More
GSK PLC - London-based pharmaceuticals firm - Announces agreement with the US government to lower the cost of prescription medicines for American patients, including GSK's portfolio for respiratory conditions such as asthma and COPD. Says it will lower the price of certain medicines in Medicaid and "launch new products with a more balanced pricing approach", and will make most of its inhaled respiratory portfolio and other products available to patients on a direct purchasing platform with savings of up to 66%. Furthermore, it intends to further support the US supply chain for critical medicines by securing a reserve of albuterol, the active ingredient used in many inhalers to relieve the symptoms of asthma and COPD, for the US. Read More
(Alliance News) - Stock prices in London closed in the green on Thursday, following the Bank of England's decision to cut rates and a hold from the European Central Bank. Read More
(Alliance News) - GSK PLC on Wednesday said its Exdensur treatment, depemokimab, for severe asthma has been approved by the US Food & Drug Administration. Read More
(Alliance News) - GSK PLC on Monday said Exdensur has been approved in the UK, for the treatment of asthma with type 2 inflammation and chronic rhinosinusitis with nasal polyps. Read More
(Alliance News) - GSK PLC on Friday said the Committee for Medicinal Products for Human Use of the European Medicines Agency recommended the approval of depemokimab in two indications. Read More
(Alliance News) - GSK PLC on Friday said European regulators have recommended broadening the indication for its Arexvy vaccine to all adults aged 18 and older. Read More
(Alliance News) - Stocks were called to open higher in London on Friday, as the Office for National Statistics reported that the UK economy unexpectedly shrank in October. Read More
GSK PLC - London-based pharmaceuticals firm - US Food & Drug Administration approves a supplemental new drug application for gepotidacin as an oral option for adult and paediatric patients from 12 years of age for the treatment of uncomplicated urogenital gonorrhoea. This follows the US FDA approval of gepotidacin earlier this year as an oral treatment for female adult and paediatric patients 12 years of age and older with uncomplicated urinary tract infection. The application was based on positive results from the Eagle-1 phase III trial which demonstrated that gepotidacin was non-inferior to standard of care combination treatment for gonorrhoea. The trial also supported the safety and tolerability profile of gepotidacin, with no serious drug related adverse events observed in either the gepotidacin or the comparator arm. The most common reported adverse reactions were mild to moderate gastrointestinal events. Read More
(Alliance News) - Outgoing GSK PLC Chief Executive Officer Emma Walmsley has said the US is the best place to invest, in the latest blow to Britain's pharmaceutical sector, after a raft of drugs firms have scrapped or paused plans to invest in the UK. Read More
GSK PLC - London-based pharmaceutical maker - US regulator the Food & Drug Administration grants orphan drug designation to a GSK treatment for small-cell lung cancer. The designation is for drugs that address a rare disease or condition. It grants benefits including a period of market exclusivity. GSK'227, known as risvutatug rezetecan, already had orphan drug designation from the European Medicines Agency for the treatment of pulmonary neuroendocrine carcinoma, a category that includes small-cell lung cancer. SCLC constitutes about 13% of all lung cancers in the US. Risvutatug rezetecan is a B7-H3-targeted antibody-drug conjugate for which GSK acquired exclusive worldwide rights, excluding greater China, from Jiangsu Hansoh Pharmaceutical Group Co Ltd. Read More
(Alliance News) - The FTSE 100 struggled to make headway on Tuesday, pegged back by falls in retailers, with investors wary ahead of the US interest rate decision on Wednesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations on Monday morning and on Friday: Read More
(Alliance News) - The US on Monday exempted British pharmaceuticals from import tariffs under a unique deal which sees the UK increase spending on American drugs by 25%. Read More
(Alliance News) - The US government on Tuesday announced cuts to the prices of 15 drugs through the Medicare health insurance system, including major discounts on the price of diabetes and weight loss drugs Wegovy and Ozempic. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - GSK PLC on Thursday announced that its subsidiary Tesaro has filed a lawsuit against AnaptysBio Inc, alleging material breach of their license agreement. Read More
(Alliance News) - GSK PLC and Fleming Initiative on Wednesday unveiled six major research programmes aimed at tackling antimicrobial resistance, committing GBP45 million to projects that will harness advanced artificial intelligence and cutting-edge laboratory science to combat drug-resistant infections. Read More
(Alliance News) - The FTSE 100 on Thursday fell back from recent record highs weighed by soft economic data, mixed earnings and a batch of index heavyweights going ex-dividend. Read More