GSK Sales, Profit Rise on Boost from Cancer Drugs
GSK GSK 1.63%increase; green up pointing triangle posted higher profit as its cancer treatments lifted sales ahead of analysts' expectations, offsetting lower vaccine sales on weak demand in the U.S.
The British pharmaceutical giant said Wednesday that its first-quarter sales rose to 7.52 billion pounds ($10.08 billion) from 7.36 billion pounds the year prior, beating analysts' expectations of 7.42 billion pounds. Higher demand for its specialty medicines business offset a decline of Arexvy sales for respiratory syncytial virus and sales of Shingrix for shingles.
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'Exciting' London pub reopens after refurb with 8,000 sq ft garden
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Trump to double tariffs on steel imports - as he threatens China
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