Gsk Share Discussion Threads

[jdb2005] 15/5/2009 11:13

GlaxoSmithKline PLC (GSK.LN) said Friday that it has recieved orders from several governments aiming to stockpile a new candidate A (H1N1) adjuvanted influenza vaccine as a precautionary measure.
MAIN FACTS:
-Company to manufacture the new vaccine, once virus seed is made available by the WHO.
-Seasonal influenza vaccine production continues.
-GSK expects to manufacture a candidate A (H1N1) adjuvanted influenza vaccine once virus seed is made available by the WHO. The first doses of the vaccine are expected to be available four to six months later, subject to regulatory approval.
-Has received interest from several governments aiming to stockpile the new candidate adjuvanted vaccine as a precautionary measure.
-Supplying the U.K. Government with 60 million doses of the candidate A (H1N1) adjuvanted influenza vaccine.
-The French Government intend to purchase 50 million doses of the candidate A (H1N1) influenza vaccine.
-The Government of Belgium intend to purchase 12.6 million doses of the candidate A (H1N1) influenza vaccine in order to stockpile and to protect, when needed, the total Belgian population.
-An agreement with the Government of Finland to supply 5.3 million doses of H1N1 antigen, which is expected to be used in conjunction with the government's existing stockpile of GSK's adjuvant system.
-GSK is ready to engage in discussions with companies and governmental agencies that can combine the adjuvant system with alternatively sourced antigen.
-Committed to addressing the needs of developing countries with use of this candidate adjuvanted vaccine.
-GSK will convert its intended donation to the WHO of 50 million doses of H5N1 pre-pandemic vaccine to the new candidate A (H1N1) adjuvanted influenza vaccine once production begins.
-In the future, as capacity increases, GSK will supply the candidate A (H1N1) adjuvanted influenza vaccine to developing countries under a tiered-pricing policy based on World Bank classifications and GAVI eligibility.
-Seasonal influenza vaccine GSK will continue to produce its seasonal influenza vaccine for the 2009/2010 Northern Hemisphere influenza season as planned and expects to complete production of this vaccine by the end of July. The company also continues to supply seasonal vaccine for use in the Southern Hemisphere as it enters the winter season this year.

[oneeyedjack01] 15/5/2009 11:04

They keep going on about this H5N1 and H1N1 mixture in several places.
I cant help thinking they are preparing us for it and how this would help sort the worlds populations problem. Call me a cynic but it would be far less hassle than working out how they are going to give everyone a job!

[gotnorolex] 15/5/2009 10:39

Swine Flu: Government Orders 60m Vaccines
Breaking News
11:35am UK, Friday May 15, 2009
The Government has put in an order for 60m swine flu - H1N1 - vaccines with drug manufacturer GlaxoSmithKline.

WHO says swine flu is still a danger
The decision to order the vaccine comes as the number of confirmed swine flu cases reached 7,520, rising more than 1,000 in 24 hours, according to the World Health Organisation.
Sixty-five people have died from the virus so far.
Sky News' health correspondent Thomas Moore said GSK would start making the vaccine immediately but it would take up to six months before the UK receives its first batch.
The Government was still extremely nervous about what was happening with swine flu, he pointed out.
"They are producing the vaccine to make sure they can protect the vulnerable groups in time for the autumn when they expect the flu to resurface in a stronger form."
The strange element of the swine flu was that it was effecting not just the very young or elderly, but healthy, fit adults and, in particular, pregnant women, he explained.
The World Health Organisation earlier stressed it was too early to relax about the H1N1 flu strain, the head of the said, calling it a crisis with possible global implications.
And, the UN health agency's Director-General Margaret Chan warned, signs that the outbreak was waning in its North American epicentre did not mean the worst was over.
There was "great uncertainty" about whether that "partly reassuring picture" would be maintained, she pointed out.
How To Beat A Flu Pandemic
Malaysia has just confirmed its first swine flu case; Peru has also registered its first case.
Belgium is the latest European nation to record a case.
Mexico, where the virus was first found and which has 2,656 confirmed cases, says it plans to seek compensation for the damages suffered because of the drop in tourism revenue as tourists stay away.

[kennrx] 15/5/2009 10:37

BBC has 90mn

[bungeetrader] 15/5/2009 10:18

Just been on SKY that the Gov has placed an order for 60m H1N1 vaccines with GSK.

[lurnin] 14/5/2009 18:54

Have they the ball's to call it , just hope they don't leave it too late.

[20dynamo] 14/5/2009 18:38

unfortunately it's not looking as good as it was although it is up on wall street. Resistance at 1080 could prove a problem again although, if it is broken then there is nothing to stop it rallying to 1300.

[montyhedge] 14/5/2009 17:25

Diasppointing.

[20dynamo] 14/5/2009 14:34

wern't we supposed to get an announcement from WHO today telling GSK to ramp up production or have i completely missed it???

[kennrx] 14/5/2009 10:18

thats it - I am filling up

[20dynamo] 14/5/2009 08:51

anyone know when today we should hear an announcement from WHO?

[chutes01] 14/5/2009 07:30

I was being sarcastic, expect GSK to go above 1100p very soon.

[oneeyedjack01] 14/5/2009 06:49

Doubt it not the way this has been consolidating! Could even rally over resistance today which is more likely!

[sat69] 14/5/2009 05:39

I doubt we'll see £10 today Chutes, and the short term outlook still favours hitting £11 before £10. The markets are getting a bit jittery though after a prolonged and stellar climb.

[chutes01] 14/5/2009 05:12

Back to £10 Sat ?

[sat69] 14/5/2009 05:03

Expect a lower opening this morning.

[20dynamo] 13/5/2009 15:22

what the hell is going on?!? why the big sell off??? Not looking too good- unfortunately looks like we may bounce of resistance again tomorrow if we get that high

[losses] 13/5/2009 14:08

out for a small profit...struggling with 1080 and ftse not looking healthy either.

[20dynamo] 13/5/2009 12:49

looks like an intraday support of around 1070 ish is starting to form................

[oneeyedjack01] 13/5/2009 12:46

20d its fine this will edge up no problem now the corner has been turned up some down a touch, its just an easy share to trade. Not that im trading it mind.

[20dynamo] 13/5/2009 11:23

not quite sure where that wave of selling came from or the reason for it- hopefully just a blip although it has been falling back from resistance- hopefully it won't tail off too much and thus any positive announcement from WHO tomorrow will be beneficial to the share price as opposed to just gaining back what we have gained and lost today. fingers xd!

[20dynamo] 13/5/2009 11:23

not quite sure where that wave of selling came from or the reason for it- hopefully just a blip although it has been falling back from resistance- hopefully it won't tail off too much and thus any positive announcement from WHO tomorrow will be beneficial to the share price as opposed to just gaining back what we have gained and lost today. fingers xd!