GSK drops camlipixant's refractory chronic cough program after mixed phase III results, but the drug remains in a phase IIb study for irritable bowel syndrome.
Jefferies has resumed coverage of GSK PLC (LSE:GSK, NYSE:GSK) with a buy rating and a 2,500p price target, implying roughly 30% upside from the 1,916.50p close. The broker argues a run of business development deals has brought the drugmaker's £40 billion 2031 revenue target within reach without straining the profit and loss account.
GSK reports positive interim phase II AZUR-1 data as Jemperli meets the primary endpoint in rectal cancer, supporting potential regulatory filings.
| Pharmaceuticals Industry | Healthcare Sector | Luke Victor Miels CEO | XHAN Exchange | US37733W2044 ISIN |
| GB Country | 66,841 Employees | 15 May 2026 Last Dividend | 22 Jul 2022 Last Split | - IPO Date |
GSK plc, previously known as GlaxoSmithKline plc until its name change in May 2022, stands as a formidable entity in the pharmaceutical sector with a rich history dating back to 1715. With its global headquarters in Brentford, the United Kingdom, GSK focuses on the research, development, and manufacturing of pharmaceuticals, including vaccines and specialty medicines aimed at preventing and treating a myriad of diseases. This multinational corporation has a broad operational footprint spanning the United Kingdom, the United States, and other international markets. GSK is structured into two main operational segments: Commercial Operations and Total R&D (Research & Development), indicating a robust commitment to innovation in healthcare. Additionally, GSK plc actively engages in strategic collaborations, such as those with CureVac for mRNA-based influenza vaccines, and with Wave Life Sciences and Elsie Biotechnologies, Inc for the advancement of oligonucleotide platform technologies.
GSK's portfolio encompasses a wide range of vaccines and medications designed to combat various diseases, underpinned by the company's significant investments in research and development: