GSK (GSK)

Sector:

Pharma and Biotech

Index:

FTSE 100

1,604.50p
   
  • Change Today:
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  • 52 Week High: 1,812.50
  • 52 Week Low: 1,316.00
  • Currency: UK Pounds
  • Shares Issued: 4,144.96m
  • Volume: 4,229,876
  • Market Cap: £66,506m
  • RiskGrade: 129

GSK's ViiV upbeat on ultra-long-acting HIV treatment study

By Josh White

Date: Tuesday 05 Mar 2024

LONDON (ShareCast) - (Sharecast News) - GSK announced on Tuesday that its specialist GIV joint venture with Pfizer and Shionogi, ViiV Healthcare, had reported encouraging results from its phase one clinical trial of an investigational formulation of cabotegravir, termed cabotegravir ultra long-acting (CAB-ULA).

The FTSE 100 pharmaceuticals giant said the study showed that CAB-ULA allowed for dosing intervals of at least four months, marking a significant advancement in the development of ultra-long-acting injectable HIV treatment and prevention medications.

It said the findings, presented at the Conference on Retroviruses and Opportunistic Infections (CROI 2024) in Denver, Colorado, demonstrated the potential of CAB-ULA to double the current dosing interval.

Importantly, the intramuscular administration of CAB-ULA exhibited a favourable safety and pharmacokinetic profile, supporting the feasibility of extending the dose interval.

With the promising results, ViiV was proceeding with a registrational study of CAB-ULA this year, focusing on its potential for HIV prevention in adults.

Additionally, future research would explore its use in combination with other medications to form a complete, ultra-long-acting HIV treatment regimen.

"The HIV community has told us of their desire for longer-acting medicines that can help alleviate the burden of daily treatment," said ViiV's head of research and development Kimberly Smith.

"ViiV Healthcare is a pioneer and leader in the development of long-acting HIV medicine, having already brought innovations through injectable therapies to the HIV community.

"This new formulation of cabotegravir (CAB-ULA) with a higher concentration and at least double the half-life puts us on the path toward delivering dosing every four months for HIV treatment and PrEP."

Reporting by Josh White for Sharecast.com.

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GSK Market Data

Currency UK Pounds
Share Price 1,604.50p
Change Today -5.50p
% Change -0.34 %
52 Week High 1,812.50
52 Week Low 1,316.00
Volume 4,229,876
Shares Issued 4,144.96m
Market Cap £66,506m
RiskGrade 129

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Value
54.34% below the market average54.34% below the market average54.34% below the market average54.34% below the market average54.34% below the market average
41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average
Price Trend
31.01% above the market average31.01% above the market average31.01% above the market average31.01% above the market average31.01% above the market average
47.17% above the sector average47.17% above the sector average47.17% above the sector average47.17% above the sector average47.17% above the sector average
Income
21.31% above the market average21.31% above the market average21.31% above the market average21.31% above the market average21.31% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Growth
20.43% below the market average20.43% below the market average20.43% below the market average20.43% below the market average20.43% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average

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