Glaxo shares traded 1.6 per cent higher in London, with Sanofi up 1.4 per cent in Paris
The company said it still expects adjusted earnings per share for the year to decline in the range of 1% to 4%
GSK and CureVac, backed by Bill Gates, will work on developing up to five so-called mRNA-based vaccines and monoclonal antibodies (mAbs) for infectious diseases, they said.
GSK, which is in seven collaborations with institutions or firms globally, only entered the clinical trial stage with one project on Friday
The British drugmaker is working on its own COVID vaccine with Sanofi
April sales were the worst among top drug players
The performance of banking stocks is likely to weigh on the markets
Hindustan Unilever will be in focus today as UK-based GSK will offload shares worth Rs 26,000 crore in the FMGC major
New launches stagnate as fresh prescriptions dry up
The firm's operating revenue stood at Rs 1,159 crore - up 3.7 per cent YoY from Rs 1,117 crore
Albert Bourla, CEO of Pfizer, discussed the time frame for the IPO at the JPMorgan Healthcare Conference in San Francisco on Tuesday
Repositioning an old brand helps expand the footprint, say analysts
STEER which was founded in 1993 by Padmanabhan has 5 global offices and 10 satellite offices, serving over 39 countries. It employs over 500 engineers, scientists and technicians across the globe
More price increases are expected to be announced later this week, which could affect the median and range.
Indian companies have also been hit in their global business.
If approved by regulators, the medicine will be the first new generation HIV medicine available in baby-friendly form
According to the firm's FY19 annual report, it fetched Rs 5 crore during the year from the sale of brands
Factory to commence production from 2018
Shingrix is viewed by analysts as among the British drugmaker most promising experimental products
The land parcel is valued between Rs 1,400 crore and Rs 1,800 crore