The proposed deal involves the transfer of GlaxoSmithKline Asia Pvt Ltd's products and GSK Consumer Brands (indirectly) to GSK CH HoldCo
Sotrovimab, developed with Vir, tested in lab, on hamsters; key mutations of Omicron did not elude drug activity in study
Advent International, CVC Capital Partners and KKR are among potential suitors for GSK's consumer unit
Drug firm GlaxoSmithKline Pharmaceuticals on Monday reported a 9.24 per cent rise in consolidated net profit to Rs 121.08 crore for the quarter ended June 30, 2021.
Treatment with Sotrovimab resulted in an 85 per cent reduction in the risk of hospitalization, says company.
Pharma giant is talking with the UK and other governments about building facilities to bring vaccine development onshore before the next crisis.
If the results are conclusive, the two drugmakers hope to see the vaccine approved by the fourth quarter after having initially targeted the first half of this year
GlaxoSmithKline Pharmaceuticals on Friday said it has registered a consolidated net profit of Rs 156.51 crore for the third quarter ended December
UnitedHealth Group is promoting former GlaxoSmithKline leader Sir Andrew Witty to become the health insurance provider's next CEO immediately.
Sanofi and GSK have signed a Statement of Intent with Gavi, a global risk-sharing mechanism for pooled procurement and equitable distribution of eventual Covid-19 vaccines.
This is already a record year for amount mobilised through the equity capital markets (ECM), topping $31.2 billion raised during calendar 2007, according to financial data firm Refinitiv
The group's most advanced project is with French partner Sanofi and the two have said they hope to get approval for their candidate next year
The Cambridge, Massachusetts, biotech's $1.5-billion deal pays out in full if its vaccine receives regulatory clearance by January 31, 2021
The US government previously gave Moderna around $1 billion to fund its research efforts, bringing total US funding to around $2.5 billion
Multiple myeloma is the second most common form of blood cancer in the US and is generally considered treatable, but not curable
A Sanofi executive said the companies had not yet agreed with the US on a specific price for additional doses
The US government has a further option for the supply of an additional 500 million doses longer term as part of its Operation Warp Speed programme
Sanofi is working on two of the more than 150 potential Covid-19 vaccines being developed across the world
The company had posted a net profit of Rs113.54crore in the corresponding period previous fiscal
Glaxo, Sanofi near $624 mn vaccine deal, Mexico deaths top 30,000, uneven recovery for Arab world and other pandemic-related news across the globe