GlaxoSmithKline

GSK Plc is a healthcare company, which engages in the research, development, and manufacture of pharmaceutical medicines, vaccines, and consumer healthcare products. It operates through the following segments: Pharmaceuticals; Pharmaceuticals R&D; Vaccines and Consumer Healthcare. The Pharmaceuticals segment focuses on developing medicines in respiratory and infectious diseases, oncology, and immuno-inflammation. The Pharmaceuticals R&D segment focuses on science related to the immune system, the use of human genetics and advanced technologies, and is driven by the multiplier effect of Science x Technology x Culture. The Vaccines segment produces pediatric and adult vaccines to prevent a range of infectious diseases including, hepatitis A and B, diphtheria, tetanus and whooping cough, measles, mumps and rubella, polio, typhoid, influenza, and bacterial meningitis. The Consumer Healthcare segment develops and markets brands in the oral health, pain relief, respiratory, nutrition and gastro intestinal, and skin health categories. The company was founded in 1715 and is headquartered in Middlesex, the United Kingdom.

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GSK Plc is a healthcare company, which engages in the research, development, and manufacture of pharmaceutical medicines, vaccines, and consumer healthcare products. It operates through the Commercial Operations, and Research and Development segments. The Commercial Operations segment has three product groups of specialty medicines, vaccines, and general medicines. The company was founded in 1715 and is headquartered in Middlesex, the United Kingdom.

GSK on Friday put out a statement saying there's no link between a withdrawn heartburn medication and cancer, helping to stem a slide in its stock that has wiped out billions of dollars in valuation from leading drugmakers.

GSK defends Zantac ahead of trials that have cratered the stock

Haleon PLC

Sanofi

GSK, Sanofi and Haleon shares stabilise after Zantac litigation slump

GSK PLC (LSE:GSK, NYSE:GSK) and Haleon PLC (LSE:HLN, NYSE:HLN) issued separate statements today after their stock was hit by lawsuits claiming GSK's acid indigestion drug Zantac can cause cancer.   GSK lost nearly 8% of its market value yesterday, with its share price tumbling from 1,527.2p to 1,409.5p, wiping billions of pounds from its £59.24bn market cap.

GSK to 'vigorously defend' itself against claims stomach acid drug Zantac causes cancer

European shares eked out gains on Friday at the open after Sanofi and GSK led a rebound in healthcare stocks, with the main STOXX 600 index set for weekly gains.

European shares eke out gains at open as healthcare stocks rebound

A wave of litigation is coming into view.

Why GSK Is So Deep in the Red Today

Pfizer

Source: Willy Barton / Shutterstock.com Investors in GSK (NYSE: GSK ) stock, Pfizer (NYSE: PFE ) and Sanofi (NASDAQ: SNY ) are all feeling the heat today. Reportedly, they're concerned about legal possibilities surrounding Zantac, a heartburn drug removed from stores in 2019 due to safety concerns.

GSK, PFE, SNY Stocks Fall on Zantac Litigation

GSK PLC (LSE:GSK, NYSE:GSK) and Haleon PLC (LSE:HLN, NYSE:HLN) were the biggest FTSE 100 fallers on Thursday amid investor concerns surrounding US lawsuits over heartburn drug, which was withdrawn from the market in 2019 on cancer fears. Shares in pharma giant GSK, which specialises in infectious diseases, HIV, oncology and immunology, sunk 8.8% to 1,419p, while its recent consumer healthcare spinoff declined 7.7% to 258p on the news.

GSK and Haleon given headache by cancer-linked heartburn drug

Pharmaceutical stocks GSK, Sanofi and Haleon extended deep losses Thursday amid looming litigation around recalled heartburn drug Zantac. The post Pharma Stocks GSK, Sanofi And Haleon Lose Billions As Zantac Trial Looms appeared first on Investor's Business Daily.

Pharma Stocks GSK, Sanofi And Haleon Lose Billions As Zantac Trial Looms

European-listed shares of drugmakers Haleon HLN, -11.81% , GSK GSK, -8.48% and Sanofi SAN, -8.81% plunged on Thursday on worries over the Zantac heartburn medication litigation. The first trial is set to begin on Aug. 22.

GSK, Sanofi and Haleon slump on worries over Zantac litigation

PHILADELPHIA--(BUSINESS WIRE)--GSK plc (LSE/NYSE: GSK) today announced the launch of Vaccine Track, a comprehensive platform developed by GSK and IQVIA for use by public health officials, industry leaders and medical professionals to strengthen vaccination data transparency, raise awareness and publicly share vaccination trends to aid improvements in routine adult vaccinations to create healthier communities across the US. This resource will provide frequent and relevant data on trends to focus

ADDING MULTIMEDIA GSK and IQVIA launch Vaccine Track, a data trend platform to help improve adult vaccination in communities nationwide

GSK and IQVIA launch Vaccine Track, a data trend platform to help improve adult vaccination in communities nationwide

GSK PLC ( GSK , Financial) completed the long-awaited spinoff of its consumer health care business Haleon ( HLN , Financial) on July 18. Shareholders received one Haleon share for each GSK share owned.

Could GSK's Haleon Spinoff Backfire?

GSK or Haleon: Which Is the Real Beneficiary of This Spinoff?

GSK's (GSK) revenues benefit from the strong growth in sales across all segments. The company raises its financial guidance for its Vaccines segment on the back of strong shingles vaccine sales.

GSK's Q2 Earnings Beat, Sales Miss, Raises 2022 Guidance

LONDON--(BUSINESS WIRE)--GSK plc (LSE/NYSE: GSK) today announced that the US Food and Drug Administration (FDA) has approved Benlysta (belimumab) for the treatment of children aged 5 to 17 with active lupus nephritis (LN) who are receiving standard therapy. Lupus nephritis is a serious inflammation of the kidneys caused by lupus, which can lead to end-stage kidney disease, requiring dialysis or a kidney transplant.i The approval extends the current indication in the US to include both lupus and

GSK Announces US FDA Approval of Benlysta (Belimumab) for Pediatric Patients With Active Lupus Nephritis

Early Wednesday, GSK stock dipped slightly despite beating second-quarter expectations and raising its full-year guidance. The post Drug Behemoth GSK Delivers Strong Beat And Raise, But Shares Fell appeared first on Investor's Business Daily.

Drug Behemoth GSK Delivers Strong Beat And Raise, But Shares Fell

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The pharmaceutical company says it expects adjusted operating profit for the year to rise 13% to 15%, higher than previous guidance of 12% to 14%.

GSK Raises Full-Year Forecast

GSK PLC (LSE:GSK, NYSE:GSK) has raised its full-year guidance after a bumper second quarter that exceeded City expectations. The drugs giant now expects 2022 sales to increase by 6% to 8%, compared with a previous forecast of 5% to 7%, while the range for core operating profit increases by a percentage point to 13% to 15%.

GSK raises full-year guidance after bumper second quarter; shingles drug the star performer

GSK on Wednesday lifted its full-year forecast, boosted by reinvigorated demand for its blockbuster Shingrix vaccine, days after overhauling the business with the spinoff of its consumer health unit.

GSK lifts full-year forecast, days after consumer health spinoff

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Drug, Biotech Stocks' Q2 Earnings on Jul 27: BMY, GSK & More

GSK PLC (LSE:GSK, NYSE:GSK)'s second-quarter figures will provide the first clues as to whether the business will flourish or founder following the £30bn demerger of its consumer business, Haleon. Remember, chief executive Dame Emma Walmsley and her finance team have re-set guidance - and it suggested the drugs giant will positively flourish as an independent entity.

GSK: Investors will be looking for early signs that drugs giant will hit newly issued sales and earnings targets

Investors may be warming to the company's spin-off of its consumer healthcare division.

Why GlaxoSmithKline Stock Jumped 25% on Thursday

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Post demerger, GSK is set to focus on its Pharmaceuticals and Vaccines businesses. The consumer healthcare business, Haleon, will start regular-way trading on the NYSE from Jul 22.

GSK Completes Demerger of Consumer Healthcare Business

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