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Stock impact report

GlaxoSmithKline's Nucala Success, And Other News: The Good, Bad And Ugly Of Biopharma [Seeking Alpha]

GlaxoSmithKline PLC (GSK) 
US:NYSE Investor Relations: gsk.com/en-gb/investors
Company Research Source: Seeking Alpha
SummaryGlaxoSmithKline's Nucala met its primary endpoint in a pivotal study.Incyte reported positive data from a phase 3 trial of Ruxolitinib.XBiotech shot up on plasma program update.GlaxoSmithKline's Nucala Achieves Co-Primary EndpointsGlaxoSmithKline (GSKannouncedGlaxoSmithKline stated that this is the first time an anti-IL5 biologic has produced positive results in Phase 3 trials pertaining chronic rhinosinusitis. The co-primary endpoints pertained to the size of nasal polyps at week 52 and nasal obstruction during weeks 49 to 52. The drug candidate showed statistically significant improvement on both the accounts. It also showed statistically significant progress for the time to first actual nasal surgery up to week 52, which constituted key secondary endpoint for the trial.SYNAPSE is the first trial aimed at assessing the use of biologic for treating patients with previous history of surgeries and requiring further surgery due to severe symptoms and increase in the size of their Show less Read more
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