GSK raises profit outlook on strong vaccine, HIV drug sales

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GSK raised its full-year profit forecast on Wednesday on strong demand for its common respiratory vaccine and specialty HIV medicines, though it expects sales growth to slow in the second half.

raised its full-year profit forecast on Wednesday on strong demand for its common respiratory vaccine and specialty HIV medicines, though it expects sales growth to slow in the second half.

Sales of recently launched products such as respiratory syncytial virus vaccine Arexvy and bone marrow cancer therapy Ojjaara have been strong since the start of 2024, while asthma drug Trelegy also performed better than expected, GSK said. GSK shares have risen more than 25% since the launch of its RSV vaccine in the U.S. in mid-August 2023. The FTSE 100 group's shares were up 1.8% to 1,703 pence by 0950 GMT.

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