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 meningococcal vaccine accepted by US FDA for review

By Josh White

Date: Tuesday 16 Apr 2024

LONDON (ShareCast) - (Sharecast News) - GSK announced on Tuesday that its five-in-one meningococcal ABCWY (MenABCWY) vaccine candidate had been accepted for regulatory review by the US Food and Drug Administration (FDA).
The FTSE 100 pharmaceuticals giant said the Prescription Drug User Fee Act (PDUFA) action date for the FDA's regulatory decision on the application was set for 14 February 2025.

It said the vaccine candidate, which it developed, offered broad coverage against the five most common groups of bacteria causing invasive meningococcal disease (IMD).

If approved, the vaccine could potentially streamline immunisation protocols by reducing the number of injections required.

The company said the innovative vaccine combines the antigenic components of two established meningococcal vaccines - Bexsero and Menveo - both known for their efficacy and safety profiles.

It said the MenABCWY combination targeted neisseria meningitidis bacteria groups A, B, C, W, and Y, which collectively account for a majority of IMD cases worldwide.

Simplifying immunisation through fewer shots aimed to enhance series completion and vaccination coverage, ultimately reducing the overall burden of IMD.

GSK said adolescents particularly stood to benefit as they were at higher risk of IMD and potential outbreaks.

The company described IMD as a severe and unpredictable illness with potentially life-threatening complications.

Despite treatment, the mortality rate remained significant, while survivors could face long-term consequences such as brain damage and hearing loss.

In the US, where meningococcal vaccine recommendations had covered all five serogroups since 2015, immunisation rates for IMD remained low, partly due to a complex vaccination schedule.

MenB, the most common group of IMD-causing bacteria in US adolescents and young adults, remained a significant concern.

Results from the phase three trial of the MenABCWY vaccine candidate showed promising outcomes, meeting all primary endpoints.

That included immunological non-inferiority to GSK's Meningococcal Groups A,C,Y, and W Vaccine and non-inferior immune responses against a broad range of MenB invasive strains.

The vaccine also demonstrated a favourable safety profile, consistent with both constituent vaccines.

At 0920 BST, shares in GSK were down 1.98% at 1,611p.

Reporting by Josh White for Sharecast.com.

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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.
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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

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Buy 5
Neutral 9
Sell 2
Strong Sell 0
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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