GSK.L - GlaxoSmithKline plc
| Previous close | 1,490.40 |
| Open | 1,487.00 |
| Bid | 1,454.00 x 175400 |
| Ask | 1,495.00 x 417900 |
| Day's range | 1,481.60 - 1,508.60 |
| 52-week range | 1,236.40 - 1,724.50 |
| Volume | 8,846,890 |
| Avg. volume | 9,501,768 |
| Market cap | 73.114B |
| Beta | 1.03 |
| PE ratio (TTM) | 48.01 |
| EPS (TTM) | 31.00 |
| Earnings date | 25 Jul 2018 |
| Forward dividend & yield | 0.80 (5.66%) |
| Ex-dividend date | 2018-05-10 |
| 1y target est | 1,540.22 |
Reuters•2 days agoRegulators flag possible birth defect link to GSK's HIV drug
U.S. and European regulators said they were assessing evidence that GlaxoSmithKline's (GSK.L) HIV drug dolutegravir might be linked to serious birth defects, casting a shadow over a medicine that has been a key profit driver in recent years. Friday's move by the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) follows preliminary data from a study in Botswana which found four cases of neural tube defects in babies born to mothers who became pregnant while taking the drug.
- Reuters - UK Focus•2 days ago
Regulators flag possible birth defect link to GSK's HIV drug
U.S. and European regulators said they were assessing evidence that GlaxoSmithKline (Other OTC: GLAXF - news) 's HIV drug dolutegravir might be linked to serious birth defects, casting a shadow over a medicine that has been a key profit driver in recent years. Friday's move by the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) follows preliminary data from a study in Botswana which found four cases of neural tube defects in babies born to mothers who became pregnant while taking the drug.
- Reuters - UK Focus•2 days ago
Hikma reaffirms full-year revenue forecast, cites better generics business
Hikma Pharmaceuticals Plc (Frankfurt: A0HG69 - news) on Friday reaffirmed its revenue guidance for the full year, noting its generics business was performing better due to a favourable product mix, despite continued pricing pressure in the United (Shenzhen: 000925.SZ - news) States. The drugmaker, which was forced to cut revenue guidance for its generics business three times in 2017, said it continued to expect revenue from the business to be between $550 million and $600 million in 2018. Sigurdur Olafsson, former generics chief at drug giant Teva Pharmaceuticals, was named Hikma's chief executive officer in February.
Reuters•3 days agoGSK bets on lift from new lung drugs ahead of Advair's last gasp
GlaxoSmithKline (GSK.L) is putting more marketing muscle behind its new lung drugs and is looking for a sales boost as top respiratory experts gather to analyse clinical trials data at a meeting in San Diego this weekend. The British drugmaker has dominated the lung drug market for decades, but its pre-eminence is no longer guaranteed, given declining sales of the ageing Advair inhaler, which could soon face generic competition in the United States. The market is also seeing intensified pricing pressure, raising doubts over the long-term profitability of newer drugs.
- Reuters - UK Focus•3 days ago
GSK bets on lift from new lung drugs ahead of Advair's last gasp
GlaxoSmithKline (Other OTC: GLAXF - news) is putting more marketing muscle behind its new lung drugs and is looking for a sales boost as top respiratory experts gather to analyse clinical trials data at a meeting in San Diego this weekend. The British drugmaker has dominated the lung drug market for decades, but its pre-eminence is no longer guaranteed, given declining sales of the ageing Advair inhaler, which could soon face generic competition in the United States. The market is also seeing intensified pricing pressure, raising doubts over the long-term profitability of newer drugs.
- Bloomberg•3 days ago
Glaxo Cuts Jobs in Finance, Adds Ones in Cancer in Hunt for Drugs
GlaxoSmithKline Plc is cutting finance and accounting positions while bringing in people with cancer and science backgrounds as the U.K.’s biggest drug company shifts spending to develop its best new treatments. The new strategy has led to a “reasonable number” of job cuts, said Luke Miels, president of the London-based company’s global pharmaceutical division, declining to quantify them. Glaxo at the same time is increasing the number of medical science liaisons, specialists who establish relationships with top doctors, as well other roles, he said in an interview.
Reuters•3 days agoTakeda CEO prescribes surgical R&D cuts after $62 billion Shire deal
For Christophe Weber, the boss of Japan's Takeda Pharmaceutical , securing a $62 billion (46 billion pound) deal last week to buy drugmaker Shire (SHP.L) at the fifth time of asking was the easy bit. At the same time he must win shareholders' support for the largest-ever overseas purchase by a Japanese company - something he told Reuters could be helped by bringing in one or more long-term, large strategic investor.
- Reuters - UK Focus•3 days ago
FOCUS-Takeda CEO prescribes surgical R&D cuts after $62 bln Shire deal
For Christophe Weber, the boss of Japan's Takeda Pharmaceutical, securing a $62 billion deal last week to buy drugmaker Shire (Xetra: S7E.DE - news) at the fifth time of asking was the easy bit. At the same time he must win shareholders' support for the largest-ever overseas purchase by a Japanese company - something he told Reuters could be helped by bringing in one or more long-term, large strategic investor. When you combine two pipelines you can be more stringent," he said in London, where he is meeting investors and analysts.
Reuters•4 days agoMPs call for post-Brexit pharmaceutical deal with EU
Britain must make a continued form of membership of the European Medicines Agency (EMA) a priority to protect the pharmaceutical industry and patients after Brexit, MPs said. The highly regulated industry fears disruption as the EMA relocates from London to Amsterdam, creating uncertainty about drug approvals after 2019. The EMA is already reallocating regulatory work done by experts in Britain to other countries.
- Reuters - UK Focus•4 days ago
UK lawmakers call for post-Brexit pharmaceutical deal with EU
Britain must make a continued form of membership of the European Medicines Agency (EMA) a priority to protect the pharmaceutical industry and patients after Brexit, UK lawmakers said. The highly regulated industry fears disruption as the EMA relocates from London to Amsterdam, creating uncertainty about drug approvals after 2019. The EMA is already reallocating regulatory work done by experts in Britain to other countries.
- Zacks•6 days ago
AstraZeneca's (AZN) Asthma Drug Fasenra Fails in COPD Study
AstraZeneca's (AZN) asthma drug Fasenra (benralizumab) fails to meet the primary endpoint in a late-stage study evaluating it for a new indication - COPD.
- Reuters•11 days ago
Drugmaker GSK rings in more change as CFO heads for exit in 2019
GlaxoSmithKline Plc, Britain's biggest drugmaker, faces more top management change with Chief Financial Officer Simon Dingemans set to retire next year. The former Goldman Sachs investment banker, who joined in 2011, will step down from the board in May 2019, the company said on Wednesday. Dingemans' departure provides a further opportunity for Chief Executive Emma Walmsley to stamp her imprint on the group as she tries to boost sales and improve productivity in the core pharmaceuticals division.
- Reuters - UK Focus•11 days ago
Drugmaker GSK rings in more change as CFO heads for exit in 2019
GlaxoSmithKline Plc (Other OTC: GLAXF - news) , Britain's biggest drugmaker, faces more top management change with Chief Financial Officer Simon Dingemans set to retire next year. The former Goldman Sachs (NYSE: GS-PB - news) investment banker, who joined in 2011, will step down from the board in May 2019, the company said on Wednesday. Dingemans' departure provides a further opportunity for Chief Executive Emma Walmsley to stamp her imprint on the group as she tries to boost sales and improve productivity in the core pharmaceuticals division.
- Reuters•11 days ago
Drugmaker GSK rings in more change as CFO heads for exit in 2019
GlaxoSmithKline Plc (GSK.L), Britain's biggest drugmaker, faces more top management change with Chief Financial Officer Simon Dingemans set to retire next year. The former Goldman Sachs (GS.N) investment banker, who joined in 2011, will step down from the board in May 2019, the company said on Wednesday. Dingemans' departure provides a further opportunity for Chief Executive Emma Walmsley to stamp her imprint on the group as she tries to boost sales and improve productivity in the core pharmaceuticals division.
- Reuters - UK Focus•11 days ago
GlaxoSmithKline CFO Dingemans to retire in 2019
GlaxoSmithKline Plc chief financial officer Simon Dingemans has decided to retire, the company said on Wednesday. Dingemans will step down from the board in May 2019, the company said in a statement. The ...
- Forbes•14 days ago
Follow These Dividend Leaders For 5% To 12% Yields Plus Upside
From utilities to REITs (real estate investment trusts) to high yield bonds, many are getting crushed as rates rise. All pay 5% to 12% dividends and have additional price upside to boot. GlaxoSmithKline is a U.K.-based pharmaceutical stock that has earned a place among healthcare’s blue-chip elite.
- Zacks•16 days ago
Emergent (EBS) Misses on Q1 Earnings, Retains 2018 View
Emergent's (EBS) earnings and revenues lag estimates in Q1. However, the top line improves marginally year over year, driven by higher contract manufacturing revenues.
- Bloomberg•16 days ago
Glaxo's Advair Is the $100 Billion Asthma Drug That Won't Die
Sharon Bassett tries to stretch a month’s supply of GlaxoSmithKline Plc’s Advair over 60 days to save money on the asthma treatment because the U.S. lacks a cheaper generic version. Since 2001, Advair has helped children and adults with chronic lung diseases while raking in about $100 billion in sales for Glaxo along the way. “It’s been a particularly long and frustrating journey,” said Steve Miller, chief medical officer of Express Scripts Holding Co., which negotiates drug prices for employers and insurers.
Reuters•17 days agoCash conundrum has investors clamouring for capital ideas
Splashing corporate cash may be in vogue, with bumper share buybacks and record takeovers, but some investors are demanding firms spend more on improving assets they already own. Of nearly a dozen fund managers contacted by Reuters, three-quarters expressed concern about the way companies are allocating capital during a period of relatively healthy cashflow. "If you are in boom times, by and large capital tends to be allocated poorly," Ben Whitmore, manager of the Jupiter Special Situations Fund, said.
- Reuters - UK Focus•18 days ago
Too many cancer drugs? Crowded market gives investors pause
In London's world-famous Great Ormond Street children's hospital, Dr. Karin Straathof is excited about a new cell-based medicine that offers hope for toddlers with incurable nerve tissue cancer. The new therapy using engineered white blood cells has shown anti-tumour activity in the hardest to treat neuroblastoma patients. "The beauty is that it is very specific in targeting the cancer cells, while leaving healthy tissue unharmed," Straathof told Reuters, after presenting her early findings at a science meeting in Chicago in April.
- Bloomberg•20 days ago
U.K. Deal Bonanza Poised to Hit Record Amid Brexit Concerns
Dealmaking in the U.K. is poised to hit a record this year as a surge in foreign takeover interest eclipses Brexit jitters. Acquisitions involving British firms have soared to more than $275 billion this year, on track for an annual high, according to data compiled by Bloomberg, helping power an acceleration in global deals. Takeda Pharmaceutical Co. is pursuing U.K.-listed biotech Shire Plc for $64 billion and Britain’s largest pay-TV company Sky Plc is juggling multiple suitors in the two biggest deals through April.
- Bloomberg•20 days ago
Deals Bonanza in U.K. Poised to Hit a Record Amid Brexit Fears
Dealmaking by U.K. companies such as J Sainsbury Plc, GlaxoSmithKline Plc and Sky Plc is poised to hit a record this year amid a surge in both foreign takeover interest and domestic consolidation efforts ...
- Zacks•24 days ago
Glaxo (GSK) Q1 Earnings Lag, Shingrix Vaccines Sales Solid
Glaxo's (GSK) Q1 earnings fall short of estimates while revenues rise year over year. The company's vaccine segment performs strongly on the back of Shingrix sales.
- Investor's Business Daily•25 days ago
Glaxo's Shingles Vaccine 'Encouraging' But Shares Dip On Quarterly Lag
Shingrix sales were strong in the first quarter, GlaxoSmithKline said, though shares dipped on the company's broader revenue and profit lag.
- Associated Press•25 days ago
Stronger pound weighs on revenues at drugmaker GSK
LONDON (AP) — Pharmaceutical and consumer goods maker GlaxoSmithKline says first-quarter revenue dropped 2 percent as a stronger pound offset encouraging sales of a new shingles treatment.
