LONDON – GlaxoSmithKline PLC (GSK.LN) Monday announced positive results for its malaria treatment tafenoquine in Phase III testing.
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The drug giant said a single dose the treatment, used to prevent relapses of Plasmodium vivax malaria, reduced the risk of relapse in patients significantly more than a placebo when given alongside a 3-day blood-stage chloroquine treatment.
Shares at 1113 GMT, down 4 pence, or 0.2%, at 1,695 pence valuing the company at GBP83.3 billion.
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(END) Dow Jones Newswires
June 12, 2017 07:29 ET (11:29 GMT)