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For GSK, Lots Of Drugs In R&D, But Many Are Long-Term

 
• By Jessica Merrill

Management highlighted pipeline drugs in respiratory disease, HIV, immuno-oncology and vaccines, but a lot of the drugs in development are early- to mid-stage where the success rate remains uncertain. The meeting isn’t likely to change investor sentiment in the near-term.

GlaxoSmithKline PLCheld an expansive R&D update Nov. 3, laying out a strategy to file up to 20 drugs with regulators before 2020, seven of which could launch in that timeline. But few investors are likely to walk away from the four-hour meeting with a changed sentiment on the firm in the near-term, where it is facing strong headwinds from slowing sales of its top-seller Advair Diskus.

Many of the late-stage opportunities like Nucala (mepolizumab) for severe asthma, the Shingrix shingles vaccine and the interleukin-6 blocker sirukumab...

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