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GSK GSK plc

45.29
0.12 (0.27%)
Pre Market
Last Updated: 12:22:29
Delayed by 15 minutes
Name Symbol Market Type
GSK plc NYSE:GSK NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.12 0.27% 45.29 5,072 12:22:29

EU Commission Signs Contract With GlaxoSmithKline for Supply of Covid-19 Drug

28/07/2021 12:00pm

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By Cecilia Butini

 

The European Commission said Wednesday that it has signed a contract with GlaxoSmithKline PLC for the supply of a monoclonal antibody that can be used for the treatment of Covid-19.

The Commission said the contract is a procurement framework contract for sotrovimab, a drug developed by GlaxoSmithKline in collaboration with VIR Biotechnology Inc.

The treatment is part of a portfolio of five promising therapeutics which the Commission singled out in June as part of its Covid-19 therapeutics strategy, and is currently under rolling review by the European Medicines Agency.

"Sotrovimab can be used for the treatment of coronavirus patients with mild symptoms who do not require supplemental oxygen, but who are at high risk for severe COVID-19," according to the Commission.

According to the agreement with GlaxoSmithKline, member states can purchase the drug once it has received either emergency authorization in the state, or a marketing authorization from the EU Medicines Agency.

 

Write to Cecilia Butini at cecilia.butini@wsj.com

 

(END) Dow Jones Newswires

July 28, 2021 06:49 ET (10:49 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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