Speciality Medicines Rescue GSK’s Q3 As Vaccines Sales Slump

Sales of Arexvy fell back in the third quarter but GSK’s leadership believes the vaccine and several pipeline drugs can help the company achieve higher growth.

New GSK sign
• Source: Shutterstock

Disappointing sales for its two vaccine flagships, Shingrix and Arexvy, have hit GSK in the third quarter, but were partly offset by strong growth in its speciality medicines.

That led CEO Emma Walmsley and her team to highlight the importance of its speciality division – including its HIV, respiratory and immunology and oncology drugs – on the company’s Q3 call with analysts, and the

Key Takeaways
  • GSK was braced for a decline in Shingrix and Arexvy sales, but the drop was greater than expected

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