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UK pharamceuticals

  • GSK: Pharma giant raises guidance after second quarter sales give shot in the arm

    Business

    London-listed pharma giant GSK has raised its guidance after a strong second quarter beat market expectations, boosted by its cancer and HIV portfolio. Total sales in the second quarter of 2024 reached £7.9bn, an increase of 13 per cent year on year. Core operating profit at the pharma company rose by 18 per cent on [...]

    GSK said total sales fell by two per cent in the third quarter
  • Advanced Medical Solutions: Strong US sales boosts revenue for wound-closure tech firm

    Business

    Advanced Medical Solutions (AMS) has announced a 10 per cent revenue hike for the first half of 2024 after sales for wound-closure tech in the United States took off. The company, which develops and manufactures tissue-healing technology, announced first-half revenue of £68m. Based on these numbers, the firm said it expected to report adjusted profit [...]

    "Demand for our infection prevention products continues to be very robust across all the company's geographical markets," Tristel said.

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