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GSK Gsk Plc

1,356.50
-7.00 (-0.51%)
24 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gsk Plc LSE:GSK London Ordinary Share GB00BN7SWP63 ORD 31 1/4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -7.00 -0.51% 1,356.50 1,356.00 1,356.50 1,370.00 1,353.00 1,365.00 5,013,886 16:29:58
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 30.33B 4.93B 1.1889 11.41 56.52B

Alector Shares Up After GlaxoSmithKline Collaboration

02/07/2021 4:51pm

Dow Jones News


Gsk (LSE:GSK)
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   By Stephen Nakrosis 
 

Alector Inc. shares touched a 52-week high Friday after the biotechnology company said it would collaborate with GlaxoSmithKline PLC to develop and commercialize antibodies for neurodegenerative diseases.

Alector is set to receive $700 million in upfront payments and up to $1.5 billion in potential milestone payments, profit sharing and royalties from the deal, the company said.

At 11:16 a.m. ET, shares of Alector were trading 71% higher at $38.39. Volume at the time topped 20.8 million shares, above the stock's 65-day average volume of 590,484.

Earlier in the session, Alector's stock reached a 52-week high of $43.32 a share.

 

-Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

July 02, 2021 11:36 ET (15:36 GMT)

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

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