Shingles vaccine boosts sales and profits for GSK
The Independent|February 02, 2023
GlaxoSmithKline GSK) has delivered higher profits and revenues after it was buoyed by bumper sales for its shingles vaccine Shingrix. The London-listed pharmaceutical giant said sales grew by 19 per cent to 29.3bn in 2022, compared with the previous year.
HENRY SAKER-CLARK
Shingles vaccine boosts sales and profits for GSK

GSK said its blockbuster shingles treatment brought in £3bn in sales after 72 per cent growth year on year, driven by strong growth in China and Germany. Meanwhile, vaccine revenues increased by 17 percent to £7.9bn for the year.

As a result, adjusted operating profits increased by 26 percent to £8.15bn for the year, edging ahead of analyst forecasts. Emma Walmsley, GSK's chief executive officer, said that the company has also witnessed "good momentum" so far in 2023.

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