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 reports promising results from asthma treatment trials

By Josh White

Date: Tuesday 21 May 2024

LONDON (ShareCast) - (Sharecast News) - GSK announced promising results from phase three clinical trials evaluating the efficacy and safety of depemokimab in treating severe asthma with type 2 inflammation on Tuesday.
The FTSE 100 pharmaceuticals giant said the trials reached their primary endpoints, demonstrating statistically significant and clinically meaningful reductions in asthma exacerbations over 52 weeks compared to placebo.

It said depemokimab, an ultra-long-acting biologic targeting interleukin-5 (IL-5), could become the first approved treatment with a six-month dosing schedule for severe asthma, expected to simplify treatment for millions of patients.

The trials included 375 and 380 participants, respectively, who received either depemokimab or placebo alongside their standard asthma treatments.

GSK said the incidence and severity of adverse events were similar between the depemokimab and placebo groups.

Full results would be presented at an upcoming scientific congress and would support global regulatory submissions.

Further research was ongoing, including the AGILE open-label extension study and the NIMBLE trial, assessing the transition from other biologics to depemokimab.

Additionally, depemokimab was being investigated for other IL-5 mediated diseases such as eosinophilic granulomatosis with polyangiitis, chronic rhinosinusitis with nasal polyps, and hypereosinophilic syndrome.

"These results add to the established body of evidence that targeted inhibition of IL-5 plays a key role in reducing type 2 inflammation that drives severe asthma exacerbations," said Kaivan Khavandi, senior vice-president and global head of respiratory and immunology research and development.

"Depemokimab could offer the possibility of sustained inhibition of this pathway, with a dosing schedule of just two injections per year.

"This is important as research shows that 73% of physicians believe longer dosing intervals would be beneficial to patients who are often juggling multiple therapies."

Reporting by Josh White for Sharecast.com.

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Note 2: RiskGrade figures are provided by RiskMetrics.

 

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

What The Brokers Say

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Buy 4
Neutral 10
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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

Trades for 14-Jun-2024

Time Volume / Share Price
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GSK Key Personnel

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