Glaxo wins UK contract for cervical cancer vaccine
GlaxoSmithKline PLC, the world's second-largest drug maker, won a British government contract to supply its cervical cancer vaccine for its national immunization program for girls.
LONDON: GlaxoSmithKline PLC, the world's second-largest drug maker, won a British government contract to supply its cervical cancer vaccine for its national immunization program for girls.
Glaxo said that Cervarix will be used in a Department of Health program to vaccinate girls aged 12 to 13 from September. It also will be made available to girls aged 14 to 18 in a catch-up program that will be implemented over the next two to three years.
Financial terms were not disclosed. The vaccine was chosen over Merck & Co. and Sanofi-Pasteur's Gardasil, which is the standard treatment in many European Union countries.
Glaxo's shares rose 2 percent to 1,102 pence (US$21.56) on the London Stock Exchange. Cervarix immunizes against strains of the human papillomavirus that cause most cases of cervical cancer.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.