Whatever Elliott Management’s intentions, the UK-based pharmaceutical firm will now be seen as a national asset
GlaxoSmithKline’s progress on Covid vaccines has been slow, frustrating and surprising. More was expected sooner, because the company remains far bigger in the wider vaccine field than, say, AstraZeneca. But there are now tangible signs the pace is improving.
Monday’s encouraging data from a phase 2 trial with French group Sanofi means a protein-based product could appear before the end of this year, perhaps to be used for booster injections. GSK is also working with CureVac of Germany on a variant-fighting “second generation” mRNA vaccine candidate. And it has a collaboration with Medicargo of Canada on a plant-based vaccine formula.
