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GSK Ends Tough Week With Ulcerative Colitis Therapy Termination

Big Blow For Partner Immutep

 
• By Kevin Grogan

If bad luck comes in threes, GSK will be delighted to see the end of this week with dostarlimab approval delayed, bintrafusp failing in lung cancer and a Phase II of an ulcerative colitis drug discontinued.

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GSK battered but unbowed after bad week • Source: Shutterstock

GlaxoSmithKline plc has pulled the plug on a mid-stage ulcerative colitis drug licensed over a decade ago from Immutep Ltd., more disappointing news in a tough week for the UK major and also bad news for the shares of its Australian partner.

The Sydney-headquartered biotech announced that GSK had discontinued a Phase II trial evaluating GSK2831781, an anti-LAG3 cell depleting monoclonal antibody,...

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