GlaxoSmithKline Reports Phase III Failure With Heart Treatment
October 27 2015 - 7:47AM
Dow Jones News
LONDON-- GlaxoSmithKline PLC (GSK.LN) said a review of data from
a phase III trial of losmapimod for heart treatment "did not
indicate efficacy against the primary endpoint and did not support
investment in the larger part B of the study as currently
designed."
GSK's also said its Advair Diskus achieved its primary endpoint
in a safety study of patients with asthma and that its shingles
treatment Shingrix demonstrated "90% efficacy against shingles in
people 70 years of age and over" in a Phase III trial.
Shares at 1116 GMT, down 3 pence, or 0.2%, at 1,366 pence
valuing the company at GBP66.5 billion.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter:
@RoryGallivan
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
October 27, 2015 07:32 ET (11:32 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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