GSK (GSK)

Sector:

Pharma and Biotech

Index:

FTSE 100

1,733.50p
   
  • Change Today:
      5.00p
  • 52 Week High: 1,743.00
  • 52 Week Low: 1,316.00
  • Currency: UK Pounds
  • Shares Issued: 4,144.92m
  • Volume: 4,237,111
  • Market Cap: £71,852m
  • 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.

Email this article to a friend

or share it with one of these popular networks:


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 1,733.50p
Change Today 5.00p
% Change 0.29 %
52 Week High 1,743.00
52 Week Low 1,316.00
Volume 4,237,111
Shares Issued 4,144.92m
Market Cap £71,852m
RiskGrade 129

GSK Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
25.74% above the market average25.74% above the market average25.74% above the market average25.74% above the market average25.74% above the market average
68.63% above the sector average68.63% above the sector average68.63% above the sector average68.63% above the sector average68.63% above the sector average
Price Trend
49.19% above the market average49.19% above the market average49.19% above the market average49.19% above the market average49.19% above the market average
70.91% above the sector average70.91% above the sector average70.91% above the sector average70.91% above the sector average70.91% above the sector average
Income
8.79% above the market average8.79% above the market average8.79% above the market average8.79% above the market average8.79% 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
22.96% below the market average22.96% below the market average22.96% below the market average22.96% below the market average22.96% below the market average
37.14% above the sector average37.14% above the sector average37.14% above the sector average37.14% above the sector average37.14% above the sector average

What The Brokers Say

Strong Buy 8
Buy 5
Neutral 9
Sell 2
Strong Sell 0
Total 24
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

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 03-May-2024

Time Volume / Share Price
15:21 6 @ 1,731.50p
15:01 0 @ 1,733.50p
16:49 185 @ 1,733.50p
16:35 1,624,313 @ 1,733.50p
16:35 2,000 @ 1,733.50p

GSK Key Personnel

CEO Emma Walmsley

Top of Page