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Stock impact report

GSK boss does not see mass-produced coronavirus vaccine before mid-2021 [Reuters]

GlaxoSmithKline PLC (GSK) 
US:NYSE Investor Relations: gsk.com/en-gb/investors
Company Research Source: Reuters
GSK boss does not see mass-produced coronavirus vaccine before mid-2021 (Reuters) - GlaxoSmithKline, the world’s largest vaccine maker, said the global push to develop an immunisation against the coronavirus would not lead to widely available products before the second half of next year. “If things go right ... to get to scale of manufacturing in the hundreds of millions (of doses) is going to be in the second half of next year,” CEO Emma Walmsley told a media briefing after the release of first-quarter results. This would require swift progress in global development efforts to show an experimental vaccine is safe, effective and dosed in the right way, she added. “You will see a reasonable amount of consensus from many global authorities, when this was all emerging, an 18-month time line was an ambitious one to be going after but one that everyone is (targeting)”, Walmsley said. More than 70 global vaccine development projects are underway as economies across the globe are burdened by Show less Read more
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