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GSK says split plans on track, forecasts dip in profit this year

Published by linker 5

Posted on February 3, 2021

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· Last updated: January 21, 2026

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GSK says split plans on track, forecasts dip in profit this year
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(Reuters) – Britain’s GSK said on Wednesday its plan to split into two businesses was on track, as the drugmaker aiding in COVID-19 vaccine developments forecast 2021 profit to fall by a mid- to high-single digit percentage.

The company, which earlier in the day announced a tie-up with CureVac to develop a COVID-19 vaccine, reported a 2% fall in turnover in the three months ended Dec. 31. Adjusted earnings came in at 23.3 pence per share.

(Reporting by Pushkala Aripaka in Bengaluru and Ludwig Burger in Frankfurt; Editing by Saumyadeb Chakrabarty)

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