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Share Name Share Symbol Market Type Share ISIN Share Description
Glaxosmithkline Plc LSE:GSK London Ordinary Share GB0009252882 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.20 -0.16% 1,399.60 1,394.60 1,395.00 1,405.00 1,389.80 1,405.00 7,995,896 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 33,754.0 6,221.0 93.9 14.9 70,415

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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