GSK (GSK)

Sector:

Pharma and Biotech

Index:

FTSE 100

1,309.50p
   
  • Change Today:
      9.50p
  • 52 Week High: 1,812.50p
  • 52 Week Low: 1,300.00p
  • Currency: UK Pounds
  • Shares Issued: 4,145.10m
  • Volume: 5,884,407
  • Market Cap: £54,280m
  • RiskGrade: 129
  • Beta: 0.56

Japan to review GSK's Blenrep drug application

By Benjamin Chiou

Date: Tuesday 17 Sep 2024

LONDON (ShareCast) - (Sharecast News) - Japan's health ministry has accepted for review a new drug application (NDA) for GSK's Blenrep blood cancer treatment, marking the third major regulatory filing acceptance for the drug.
This follows marketing authorisation application acceptance by the European Medicines Agency in July and by the Medicines and Healthcare products Regulatory Agency in the UK earlier this month.

Japan's Ministry of Health, Labour and Welfare has also granted Blenrep orphan drug designation, which GSK said "reflects the high unmet medical need and ensures priority NDA review in multiple myeloma".

The regulatory submission was supported by results from the DREAMM-7 and DREAMM-8 phase III clinical trials, which evaluated Blenrep combined with BorDex or PomDex for the treatment of relapsed or refractory multiple myeloma, a type of bone marrow cancer.

The number of patients diagnosed with multiple myeloma in Japan has increased continuously over the past five decades, with more than 7,200 new cases reported each year..

"We are committed to working with health authorities worldwide to advance Blenrep along regulatory pathways so we can bring these additional treatment options to patients as quickly as possible," said Hesham Abdullah, senior vice president and global head of oncology at GSK's R&D division.

On Friday, China's health authority granted Blenrep with a so-called 'Breakthrough Therapy Designation', which is designed to speed up development of investigational drugs.

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Note 2: RiskGrade figures are provided by RiskMetrics.

 

GSK Market Data

Currency UK Pounds
Share Price 1,309.50p
Change Today 9.50p
% Change 0.73 %
52 Week High 1,812.50p
52 Week Low 1,300.00p
Volume 5,884,407
Shares Issued 4,145.10m
Market Cap £54,280m
Beta 0.56
RiskGrade 129

GSK Star Ratings

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value
48.16% below the market average48.16% below the market average48.16% below the market average48.16% below the market average48.16% below the market average
16.00% above the sector average16.00% above the sector average16.00% above the sector average16.00% above the sector average16.00% above the sector average
Price Trend
36.75% below the market average36.75% below the market average36.75% below the market average36.75% below the market average36.75% below the market average
18.37% above the sector average18.37% above the sector average18.37% above the sector average18.37% above the sector average18.37% above the sector average
Income
47.15% above the market average47.15% above the market average47.15% above the market average47.15% above the market average47.15% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
5.4% below the market average5.4% below the market average5.4% below the market average5.4% below the market average5.4% below the market average
23.53% above the sector average23.53% above the sector average23.53% above the sector average23.53% above the sector average23.53% above the sector average

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