25
Sun, May
398 New Articles

GSK plc (GSK) Stock Rises as FDA Approves Nucala for COPD, CHMP Backs Blenrep for Cancer Treatment

GSK plc (GSK) Stock Rises as FDA Approves Nucala for COPD, CHMP Backs Blenrep for Cancer Treatment

Finance News
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times
GSK plc (GSK) Stock Rises as FDA Approves Nucala for COPD, CHMP Backs Blenrep for Cancer Treatment

GSK plc (NYSE:GSK) has strengthened its market outlook following major regulatory milestones. The U.S. FDA’s recent approval of Nucala for chronic obstructive pulmonary disease (COPD) and a positive recommendation from the Committee for Medicinal Products for Human Use (CHMP) for Blenrep in multiple myeloma signal significant expansion in GSK’s high-demand therapeutic portfolio. These advances are expected to boost the company’s Specialty Medicines segment, which already reported a robust 17% sales increase, and are central to analyst projections of 4.6% annual revenue growth over the next three years.

GSK plc (GSK) Stock Rises as FDA Approves Nucala for COPD, CHMP Backs Blenrep for Cancer Treatment
GSK plc (GSK) Stock Rises as FDA Approves Nucala for COPD, CHMP Backs Blenrep for Cancer Treatment

Despite broader market volatility and renewed trade tensions, GSK plc (NYSE:GSK) shares have climbed 4.9% in the past month, outperforming a market that saw a 2.5% weekly decline. This surge reflects growing investor confidence in GSK’s innovation pipeline and future earnings potential. The company’s fair value is estimated at £16.72 per share, suggesting an 18.6% upside from current levels. Over five years, GSK plc (NYSE:GSK) delivered a 5.42% total shareholder return, underscoring steady long-term growth amid industry challenges. While the stock underperformed the UK Pharmaceuticals sector over the past year, recent product approvals could reinforce GSK’s competitive position and drive further gains.

While we acknowledge the potential of GSK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GSK and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Cancer Stocks to Invest in for Long-Term Gains and 10 Most Oversold Stocks to Buy According to Billionaires.

Disclosure: None.

Content Original Link:

Original Source FINANCE YAHOO

" target="_blank">

Original Source FINANCE YAHOO

Top Stories

Grid List

8 Ways To Find Money for Investing in Your Budget

Finance News

8 Ways To Find Money for Investing in Your Budget

Jefferies Raises Intuit (INTU) Price Target, Keeps Buy Rating

Finance News

Jefferies Raises Intuit (INTU) Price Target, Keeps Buy Rating

Investment Bank Suggests That Alphabet (GOOG)’s Valuation Could Climb Significantly

Finance News

Investment Bank Suggests That Alphabet (GOOG)’s Valuation Could Climb Significantly

Bitcoin Could Hit $125K by End of Q2, Says Bybit’s Head of Derivatives

Crypto News

Bitcoin Could Hit $125K by End of Q2, Says Bybit’s Head of Derivatives

Bitcoin (BTC) Price News: Crypto Bulls Lose $500M as BTC Hovers Around $108K After Trump’s Tariff Threats

Crypto News

Bitcoin (BTC) Price News: Crypto Bulls Lose $500M as BTC Hovers Around $108K After Trump’s Tariff Threats

Bitcoin Pizza Day: Celebrating The $1.1 Billion Slice Of Crypto History

Crypto News

Bitcoin Pizza Day: Celebrating The $1.1 Billion Slice Of Crypto History