GSK’s £1.2bn Arexvy vaccine wins FDA approval for younger age range

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GSK’s £1.2bn Arexvy vaccine wins FDA approval for younger age range
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The drug to treat RSV, a virus which causes 14,000 deaths annually in the US, is a key money-spinner for GSK.

Pharmaceutical giant GSK has won a key part of the regulatory approval needed to roll out its vaccine for respiratory syncytial virus to adults aged 50 to 59.

RSV typically causes cold-like symptoms, and leads to 177,000 hospital admissions and 14,000 deaths a year in the US. It makes Arexvy the first vaccine endorsed for the under-60s by the FDA, ahead of rivals made by Pfizer and Moderna. The drug hit the market last year. The approval comes at a tricky time for GSK, which has seen shares plummet 9% in the last month after a US judge allowed more than 70,000 lawsuits against its discontinued heartburn drug Zantac to go forward.

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