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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 |
By Chris Wack
GlaxoSmithKline PLC and Vir Biotechnology Inc. said they have signed a joint procurement agreement with the European Commission to supply up to 220,000 doses of Covid-19 treatment sotrovimab.
The companies said sotrovimab is an investigational single-dose SARS-CoV-2 monoclonal antibody for the treatment of adults and adolescents with Covid-19 who don't require oxygen supplementation and who are at risk of progressing to severe Covid-19.
The agreement enables participating European Union member states to quickly purchase sotrovimab, following local emergency authorization or authorization at the EU level, to treat high-risk patients with Covid-19 who may benefit from early treatment with the medication, the companies said.
Sotrovimab is included in the European Commission's portfolio of promising candidate therapies as part of its Covid-19 Therapeutics Strategy.
Glaxo and Vir have secured supply agreements with a number of governments around the world and will continue those efforts as the pandemic continues to evolve, the companies said. In May, sotrovimab was granted emergency-use authorization by the U.S. Food and Drug Administration for the treatment of mild-to-moderate Covid-19 in high-risk patients. Glaxo and Vir plan to submit a biologics license application to the U.S. FDA in the second half of 2021.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
July 28, 2021 07:05 ET (11:05 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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