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GSK Gsk Plc

1,733.50
5.00 (0.29%)
03 May 2024 - 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
  5.00 0.29% 1,733.50 1,732.50 1,733.00 1,739.50 1,724.50 1,733.00 4,237,056 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 30.33B 4.93B 1.1970 14.48 71.35B

GSK's Volibris Drug Approved for Combination Treatment

24/11/2015 11:47am

Dow Jones News


Gsk (LSE:GSK)
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By Razak Musah Baba

 

LONDON--GlaxoSmithKline PLC (GSK.LN) said Tuesday that it has received approval from the European Commission to widen the application of its drug Volibris to treat pulmonary arterial hypertension.

The pharmaceutical firm said the European Commission has approved a variation of the drug to expand the current therapeutic indication for Volibris (ambrisentan). The drug can now be used as part of a combination treatment for patients with pulmonary arterial hypertension.

PAH is a disease characterized by constriction of the blood vessels in the lungs leading to high pulmonary arterial pressures.

Shares at 1100 GMT down 0.14 pence, or 1.04%, at GBP13.31, valuing the company at GBP64.78 billion.

 

Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


(END) Dow Jones Newswires

November 24, 2015 06:32 ET (11:32 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

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