GSK Vaccine Sales Hit By COVID-19 But Initial Signs Of Recovery

Group Sales Down 3% As UK Vaccine Supply Deal Is Struck

GlaxoSmithKline sees initial signs of recovery from the coronavirus pandemic in terms of vaccination rates and highlights its growing research progress against COVID, RSV and meningitis, although a UK expert warns against over-optimism.  

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Sales take a dip at GSK • Source: Shutterstock

Sales by GlaxoSmithKline plc’s vaccines business declined by 29% in the second quarter of 2020, as COVID-19 pandemic lockdown measures limited visits to physicians but there were initial signs of a recovery in vaccination rates, reported CEO Emma Walmsley as the results were announced on 29 July. 

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