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City

GSK spin-off Haleon reports price hikes in Europe

Some over-the-counter drugs became more expensive in Europe, the Middle East, Africa and Latin America than elsewhere over recent months, new data suggest. Haleon, the consumer healthcare group behind Panadol, revealed that its prices had risen 5.5% ...

27 Jul 2022 at 09:05

City

Glaxo beats expectations with boost from Covid treatment

A strong performance from its Covid antibody treatment helped drugs giant GlaxoSmithKline blast through expectations over the last three months. The business turned over £9.8 billion in the first quarter, up 32% from the same period last year. It ...

27 Apr 2022 at 10:25

City

Unilever sees future in health and beauty after £50bn bid for GSK unit revealed

Unilever has said that its future lies in health, beauty and hygiene businesses after its £50 billion bid for GSK’s consumer unit was revealed over the weekend. The business said that it wants to move towards these areas, which bring much higher ...

17 Jan 2022 at 09:55

City

GSK raises long-term profit outlook amid vaccine boost

Drugs giant GSK has upgraded its long-term profit outlook after unveiling higher annual sales and profits thanks to the launch of a new blockbuster vaccine. The group posted a 14% increase in pre-tax profits on a constant currency basis to £6.1 ...

31 Jan 2024 at 09:32

City

GSK raises annual outlook in strong start after consumer spin-off

Pharmaceutical giant GSK has increased its full-year earnings outlook once again following a better-than-expected third quarter performance thanks to surging global demand for its shingles vaccine. The group – which spun off its consumer ...

02 Nov 2022 at 09:13

City

GSK sales hampered by slump in demand for key vaccine

Drugmaker GSK saw a sharp drop in revenue from its blockbuster Arexvy vaccine in the third quarter, dampening overall sales growth. Sales of the jab for respiratory syncytial virus (RSV), previously a key driver of vaccine sales which ...

30 Oct 2024 at 09:46

City

GSK lifts long-term sales targets on new drug pipeline

Pharmaceuticals giant GlaxoSmithKline (GSK) has lifted its long-term sales guidance as it hailed a strong drugs pipeline. It came as the boss of the London-listed firm cheered an “excellent” performance in 2024. The company revealed ...

05 Feb 2025 at 12:22

City

Drugs giant GSK ‘well positioned’ to absorb potential US tariffs

Drugmaker GSK (GlaxoSmithKline) has said it is “well positioned” to cope with any financial impact from changes to US tariff rules. It came as the FTSE 100 giant revealed a rise in sales as weakness in its vaccine division was ...

30 Apr 2025 at 09:16

City

GSK’s boss Emma Walmsley to step down after eight-year tenure

GSK has appointed a new boss after announcing the departure of Dame Emma Walmsley following eight years at the helm of the drugmaker. Dame Emma was the first woman to run a major pharmaceutical company when she became chief ...

29 Sept 2025 at 08:31

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