GSK (GSK)

Sector:

Pharma and Biotech

Index:

FTSE 100

1,604.50p
   
  • Change Today:
    -5.50p
  • 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 posts promising results from gonorrhoea treatment trial

By Josh White

Date: Wednesday 17 Apr 2024

LONDON (ShareCast) - (Sharecast News) - GSK unveiled encouraging outcomes from a pivotal phase three trial on Wednesday, on the potential of gepotidacin as an oral treatment for uncomplicated urogenital gonorrhoea (GC), amid escalating resistance to current therapies.
The FTSE 100 pharmaceutical giant said the trial's primary endpoint, microbiological response at the test-of-cure (ToC) visit, showed a 92.6% success rate, rendering it non-inferior to the leading combination therapy comprising intramuscular (IM) ceftriaxone and oral azithromycin.

Notably, gepotidacin's safety profile mirrored previous phase one and two trials, with gastrointestinal adverse events being the most commonly reported, predominantly mild or moderate in nature.

Gonorrhoea, a prevalent global concern, sees around 82 million new cases annually worldwide.

In the United States alone, reported cases surged 118% from 2009 to 2021, as per the CDC, with nearly half displaying resistance to at least one antibiotic.

The infection, caused by neisseria gonorrhoeae bacteria, poses risks including infertility and heightened vulnerability to HIV.

Beyond its application in gonorrhoea, GSK said gepotidacin held promise for addressing uncomplicated urinary tract infections (uUTI).

Positive phase three data from the EAGLE-2 and EAGLE-3 trials, disclosed at the European Congress of Clinical Microbiology and Infectious Diseases (ECCMID) in April last year and published in the Lancet, underscored its potential significance as the first oral antibiotic class in uUTI in over two decades.

The company said the development of gepotidacin had received federal support, notably from the US Department of Health and Human Services and the Defense Threat Reduction Agency.

"These results highlight the potential of gepotidacin as a new oral treatment option given the rising incidence of gonorrhoea worldwide including drug resistant infections," said GSK's senior vice-president of development, Chris Corsico.

"The imperative for innovative treatments has never been clearer.

"We are committed to working with health regulators globally to introduce this potential new antibiotic, focusing on solutions that meet critical patient needs."

At 0808 BST, GSK shares were down 0.9% at 1,596p.

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

GSK Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
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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Buy 4
Neutral 10
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Total 24
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GSK Dividends

  Latest Previous
  Q1 Q4
Ex-Div 16-May-24 22-Feb-24
Paid 11-Jul-24 11-Apr-24
Amount 15.00p 16.00p

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GSK Key Personnel

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