Update on Glaxo's Vaccine Portfolio - Analyst Blog

By
A A A

GlaxoSmithKline ( GSK ) boasts of a strong vaccine portfolio, which includes vaccines like Infanrix/Pediarix, Rotarix, Synflorix and Cervarix. Glaxo has a strong vaccine segment, which generated sales of £1.5 billion in the first half of 2013, approximately 11% of the total product sales of the company.

Glaxo's vaccine pipeline comprises several late-stage candidates including MAGE-A3 for melanoma and non small cell lung cancer and RTS,S for the prevention of malaria.

Data from a phase III study on RTS,S showed that the vaccine is effective in preventing malaria up to 18 months after vaccination of young children and infants. Additional data from a follow-up study at 32 months and the impact of a fourth booster dose administered 18 months after the initial three doses are expected in 2014.

Glaxo plans to submit a regulatory application for RTS,S to the European Medicines Agency (EMA) in 2014 with an application for the Committee for Medicinal Products for Human Use's (CHMP) scientific opinion. A positive CHMP opinion on RTS,S will make it easier for Glaxo to submit marking applications in African countries. A final regulatory decision from the European Commission (EC) is expected in 2015.

Its crucial for Glaxo to get RTS,S approval in African countries as approximately 660,000 children die every year in sub-Saharan Africa due to malaria.

Glaxo, a large cap pharma company, carries a Zacks Rank #3 (Hold). We are pleased with Glaxo's pipeline development efforts. A number of pipeline-related news is expected in the coming quarters including the U.S. Food and Drug Administration's (FDA) decision of UMEC/VI (PDUFA date: Dec 18, 2013). Given the declining sales due to generic competition, we believe Glaxo's pipeline is under pressure.

Other large-cap pharma stocks such as Roche ( RHHBY ), Bayer ( BAYRY ) and Allergan Inc. ( AGN ) currently appear to be more attractive. While Roche carries a Zacks Rank #1(Strong Buy), Bayer and Allergan carry a Zacks Rank #2 (Buy).



ALLERGAN INC (AGN): Free Stock Analysis Report

BAYER A G -ADR (BAYRY): Free Stock Analysis Report

GLAXOSMITHKLINE (GSK): Free Stock Analysis Report

ROCHE HLDG LTD (RHHBY): Get Free Report

To read this article on Zacks.com click here.

Zacks Investment Research



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: AGN , BAYRY , CHMP , EC , GSK

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

100%
67%
80%

Most Active by Volume

74,282,785
  • $10.84 ▲ 11.64%
60,794,128
  • $17.12 ▲ 0.71%
55,628,662
  • $35.59 ▼ 1.00%
55,306,290
  • $116.47 ▲ 0.14%
55,118,241
  • $39.75 ▼ 0.43%
53,597,648
  • $9.41 ▲ 8.29%
41,889,990
  • $47.98 ▼ 1.48%
35,692,375
  • $97.34 ▼ 0.57%
As of 11/21/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com