NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against GSK plc (“GSK” or “the Company”) (NYSE: GSK) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired GSK American Depositary Rec ...

5 February 2025 FY 2024 Results Conference call and webcast for investors and analysts gsk.com Cautionary statement regarding forward-looking statements This presentation may contain forward-looking statements. Forward-looking statements give the Group's current expectations or forecasts of future events. An investor can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as 'anticipate', 'estimate', 'expect', 'intend', 'will', 'project' ...

Key TakeawaysGSK Plc's U.S.-listed shares surged Wednesday after the pharmaceutical firm boosted its long-term outlook and launched a $2.5 billion stock buyback on the back of optimism about sales of its new drugs.The British drugs giant said it expects 2031 revenue to be more than 40 billion pounds.GSK's fourth-quarter core earnings per share and revenue also beat estimates. GSK Plc's (GSK) U.S.-listed shares surged Wednesday after the pharmaceutical firm boosted its long-term outlook and launched a  stock ...

GSK plc (NYSE:GSK) Q4 2024 Earnings Conference Call February 5, 2025 5:45 AM ET Company Participants Dame Emma Walmsley - Chief Executive Officer Luke Miels - Chief Commercial Officer Julie Brown - Chief Financial Officer David Redfern - President Corporate Development Tony Wood - Chief Scientific Officer Conference Call Participants Emily Field - Barclays Bank Richard Parkes - BNPP Exane Peter Welford - Jefferies Steve Scala - TD Cowen Rajan Sharma - Goldman Sachs Justin Smith - Bernstein Graham Parry - Ba ...

GSK plc (GSK) reported fourth-quarter 2024 core earnings of 59 cents per American depositary share (ADS), which beat the Zacks Consensus Estimate of 53 cents. Core earnings declined 20% year over year on a reported basis and 10% at a constant exchange rate (CER) due to increased operating expenses during the quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.Quarterly revenues rose 1% on a reported basis and 4% at CER to $10.4 billion (£8.12 billion). The top line outpaced the Zacks ...

Company Performance - GSK reported quarterly earnings of $0.59 per share, exceeding the Zacks Consensus Estimate of $0.53 per share, but down from $0.72 per share a year ago, representing an earnings surprise of 11.32% [1] - The company posted revenues of $10.4 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 4.04%, compared to year-ago revenues of $10 billion [2] - Over the last four quarters, GSK has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Future Outlook - The sustainability of GSK's stock price movement will depend on management's commentary during the earnings call and future earnings expectations [3] - Current consensus EPS estimate for the coming quarter is $1.11 on revenues of $9.67 billion, and for the current fiscal year, it is $4.07 on revenues of $40.5 billion [7] - The estimate revisions trend for GSK is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell), indicating expected underperformance in the near future [6] Industry Context - The Medical - Biomedical and Genetics industry, to which GSK belongs, is currently in the top 30% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Wednesday, GSK Plc GSK reported fourth-quarter sales of $10.40 billion (8.12 billion Sterling Pounds), up 1% year-over-year and up 4% on constant currency. The analysts estimated sales of $9.58 billion.Vaccine sales fell 14% (-11% at constant currency) to 2.21 billion pounds, primarily impacted by lower demand for Arexvy related to a more limited ACIP recommendation in the U.S. and channel inventory consumption compared to launch year stocking in 2023. Arexvy sales reached 158 million pounds, down 70%.Menin ...

Core Viewpoint - GSK has announced that the European Medicines Agency (EMA) has accepted its regulatory filing for the IL-5 inhibitor depemokimab, targeting asthma with type II inflammation and chronic rhinosinusitis with nasal polyps (CRSwNP) [1][2]. Group 1: Regulatory Filings and Approvals - The submission for asthma is aimed at individuals aged 12 and older, while the CRSwNP submission targets adults [2]. - Similar regulatory filings have been validated for review in China and Japan [2]. - If approved, depemokimab will be the first ultra-long-acting biologic requiring only one dose every six months [2]. Group 2: Clinical Data and Efficacy - GSK's regulatory filings are backed by positive data from late-stage programs SWIFT and ANCHOR [5]. - The SWIFT studies met co-primary endpoints, showing a statistically significant reduction in nasal polyp size and nasal obstruction compared to placebo at 52 weeks [5]. - The ANCHOR studies also met primary endpoints, demonstrating significant reductions in asthma exacerbations over 52 weeks compared to placebo [6]. Group 3: Mechanism and Additional Indications - Depemokimab targets IL-5, a key protein in type II inflammation, which affects patients with difficult-to-treat asthma and is present in up to 80% of CRSwNP patients [7]. - The drug is also being evaluated in late-stage studies for other IL-5-mediated diseases, including eosinophilic granulomatosis with polyangiitis (EGPA) and hypereosinophilic syndrome (HES) [8]. Group 4: Competitive Landscape - If approved, depemokimab will face competition from Sanofi and Regeneron's Dupixent, which is already approved for multiple type II inflammatory diseases [9]. - Dupixent's label was recently expanded by the FDA to include adolescent patients aged 12 to 17 for CRSwNP [10]. - GSK's drug may also compete with AstraZeneca's Fasenra, which is approved for eosinophilic asthma and EGPA, and is being evaluated for COPD and HES [10]. Group 5: Stock Performance - GSK shares have declined by 10% over the past year, compared to an 11% decline in the industry [3].

GSK plc (GSK) announced that the European Commission has granted approval for the expanded use of Jemperli (dostarlimab) plus chemotherapy to include all adult patients with primary, advanced or recurrent endometrial cancer.The regulatory body has now approved Jemperli in combination with chemotherapy (carboplatin and paclitaxel) for first-line treatment of adult patients with primary, advanced or recurrent endometrial cancer who are candidates for systemic therapy in the European Union (“EU”).The approval ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Generative AI has become a key piece of infrastructure in many industries, and healthcare is no exception. Yet, as organizations like GSK push the boundaries of what generative AI can achieve, they face significant challenges — particularly when it comes to reliability. Hallucinations, or when AI models generate incorrect or fabricated information, are a persistent problem in high-s ...