GSK (GSK)

Sector:

Pharma and Biotech

Index:

FTSE 100

1,418.60p
   
  • Change Today:
    -2.40p
  • 52 Week High: 2,263.00
  • 52 Week Low: 1,296.00
  • Currency: UK Pounds
  • Shares Issued: 4,094.93m
  • Volume: 1,763,025
  • Market Cap: £58,091m
  • RiskGrade: 129

EU validates market application for GSK blood cancer drug

By Frank Prenesti

Date: Friday 02 Dec 2022

LONDON (ShareCast) - (Sharecast News) - GSK said the European Medicines Agency had validated its marketing authorisation application for momelotinib, a potential new oral treatment for the blood cancer myelofibrosis after meeting key endpoints in a Phase 3 trial.
Momelotinib has a differentiated mechanism of action, with inhibitory ability which could address the "significant" medical needs of myelofibrosis patients with anaemia, the UK pharmaceutical company said on Friday.

Myelofibrosis is a rare blood cancer characterised by constitutional symptoms, an enlarged spleen and progressive anaemia. It affects around 20,000 patients in the US, with about 40% of patients already anaemic at the time of diagnosis and nearly all patients estimated to develop anaemia eventually.

Patients will often require transfusions, and more than 30% will discontinue treatment due to anaemia.

"Anaemia and transfusion dependence strongly correlate with poor prognosis and shortened survival," GSK said.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GSK Market Data

Currency UK Pounds
Share Price 1,418.60p
Change Today -2.40p
% Change -0.17 %
52 Week High 2,263.00
52 Week Low 1,296.00
Volume 1,763,025
Shares Issued 4,094.93m
Market Cap £58,091m
RiskGrade 129

GSK Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.51% below the market average70.51% below the market average70.51% below the market average70.51% below the market average70.51% below the market average
1.69% above the sector average1.69% above the sector average1.69% above the sector average1.69% above the sector average1.69% above the sector average
Price Trend
9.94% below the market average9.94% below the market average9.94% below the market average9.94% below the market average9.94% below the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Income
39.28% above the market average39.28% above the market average39.28% above the market average39.28% above the market average39.28% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Growth
51.26% below the market average51.26% below the market average51.26% below the market average51.26% below the market average51.26% below the market average
52.38% below the sector average52.38% below the sector average52.38% below the sector average52.38% below the sector average52.38% below the sector average

What The Brokers Say

Strong Buy 3
Buy 6
Neutral 13
Sell 1
Strong Sell 2
Total 25
neutral
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GSK Dividends

  Latest Previous
  Q4 Q3
Ex-Div 23-Feb-23 17-Nov-22
Paid 13-Apr-23 12-Jan-23
Amount 13.75p 13.75p

Trades for 29-Mar-2023

Time Volume / Share Price
16:03 169 @ 1,418.60p
16:03 165 @ 1,418.80p
16:02 0 @ 1,419.20p
16:02 108 @ 1,419.00p
16:02 49 @ 1,419.00p

GSK Key Personnel

CEO Emma Walmsley
CFO Iain Mackay

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