GSK plc logo GSK - GSK plc

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 9
HOLD 16
SELL 4
STRONG
SELL
0
| PRICE TARGET: $60.00 DETAILS
HIGH: $60.00
LOW: $60.00
MEDIAN: $60.00
CONSENSUS: $60.00
UPSIDE: 19.47%

Stock News

HUTCHMED Lands GSK Deal Worth Up to $1.3B for KRAS-EGFR Cancer Therapy

HUTCHMED Lands GSK Deal Worth Up to $1.3B for KRAS-EGFR Cancer Therapy

HUTCHMED NASDAQ: HCM said it has entered a co-development and licensing agreement with GSK for ex-China rights to HMPL-A830, a preclinical KRAS-EGFR antibody-targeted therapy conjugate, or ATTC. The transaction has a total potential value of approximately $1.3 billion, including a $110 million upfront payment, according to Acting Chief Executive Officer and Chief Financial Officer Johnny Cheng.

Sep 03, 2026 09:03 AM marketbeat.com
Panmure and Cavendish reiterate buy on Hutchmed after GSK deal

Panmure and Cavendish reiterate buy on Hutchmed after GSK deal

Hutchmed (China) Ltd (AIM:HCM, NASDAQ:HCM, HKG:0013, FRA:H7T2) won ringing endorsements from City brokers on Thursday after securing a blockbuster licensing agreement with GSK PLC (LSE:GSK, NYSE:GSK), exposing what analysts regard as a deep valuation disconnect. The shares leapt 15% to 205.84p as Cavendish and Panmure Liberum reiterated their respective 'buy' ratings, arguing that the market continues to overlook the biotech's expanding oncology pipeline.

Sep 03, 2026 02:33 AM proactiveinvestors.co.uk
HUTCHMED shares jump 17% on US$1.3 billion GSK cancer drug deal

HUTCHMED shares jump 17% on US$1.3 billion GSK cancer drug deal

Hutchmed (China) Ltd (AIM:HCM, NASDAQ:HCM, HKG:0013, FRA:H7T2) shares jumped 17% to 210p on Thursday after the oncology specialist struck a licensing agreement with GSK worth up to US$1.295 billion for its experimental KRAS-EGFR cancer therapy. The shares were up 30.5p from Wednesday's 179.5p close following news that GSK will receive exclusive rights outside Mainland China, Hong Kong, Macau and Taiwan to develop and commercialise HMPL-A830.

Sep 02, 2026 11:51 PM proactiveinvestors.co.uk

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