GSK (GSK)

Sector:

Pharma and Biotech

Index:

FTSE 100

1,775.00p
   
  • Change Today:
    -8.50p
  • 52 Week High: 1,812.50
  • 52 Week Low: 1,316.00
  • Currency: UK Pounds
  • Shares Issued: 4,144.92m
  • Volume: 9,685,447
  • Market Cap: £73,572m
  • RiskGrade: 129

GSK receives 'positive' headline results from phase III trial

By Iain Gilbert

Date: Monday 27 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Drugmaker GSK announced on Monday that it had received positive headline results from a planned interim efficacy analysis from a phase III trial evaluating its elantamab mafodotin asset.

GSK's DREAMM-7 head-to-head phase III trial of its second-line treatment for relapsed or refractory multiple myeloma met its primary endpoint of progression-free survival and showed that belantamab mafodotin, when combined with bortezomib plus dexamethasone, had "significantly extended" the time to disease progression or death.

The London-listed group said a "strong and clinically meaningful" overall survival trend with nominal probabiliity value of less than 0.0005 was also observed, with the trial continuing in order to follow up for overall survival data.

GSK's Hesham Abdullah said: "Patients with multiple myeloma need treatment options after first relapse that are efficacious, readily accessible and have novel mechanisms of action.

"We are particularly encouraged by the potential for belantamab mafodotin when combined with BorDex to address high unmet need in relapsed/refractory multiple myeloma, given the head-to-head comparison with the daratumumab-based standard of care regimen."

As of 0855 GMT, GSK shares were up 0.15% at 1,424.80p.





Reporting by Iain Gilbert at 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 1,775.00p
Change Today -8.50p
% Change -0.48 %
52 Week High 1,812.50
52 Week Low 1,316.00
Volume 9,685,447
Shares Issued 4,144.92m
Market Cap £73,572m
RiskGrade 129

GSK Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.05% below the market average69.05% below the market average69.05% below the market average69.05% below the market average69.05% below the market average
45.1% below the sector average45.1% below the sector average45.1% below the sector average45.1% below the sector average45.1% below the sector average
Price Trend
47.89% above the market average47.89% above the market average47.89% above the market average47.89% above the market average47.89% above the market average
62.96% above the sector average62.96% above the sector average62.96% above the sector average62.96% above the sector average62.96% above the sector average
Income
2.90% above the market average2.90% above the market average2.90% above the market average2.90% above the market average2.90% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Growth
20.71% below the market average20.71% below the market average20.71% below the market average20.71% below the market average20.71% below the market average
29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average

What The Brokers Say

Strong Buy 8
Buy 5
Neutral 9
Sell 2
Strong Sell 0
Total 24
buy
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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 17-May-2024

Time Volume / Share Price
16:51 423 @ 1,775.00p
16:37 20,200 @ 1,771.97p
16:36 10,580 @ 1,775.00p
16:35 3,357,820 @ 1,775.00p
16:35 2,092 @ 1,775.00p

GSK Key Personnel

CEO Emma Walmsley

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