GlaxoSmithKline's Benlysta Positive In Continuation Trial

 | Jun 18, 2017 10:21PM ET

GlaxoSmithKline plc (NYSE:GSK) announced positive results from a phase II continuation study evaluating the efficacy and safety of its marketed drug Benlysta (belimumab) in combination with standard of care for treatment of patients with systemic lupus erythematosus (SLE). The study was presented at the Annual European Congress of Rheumatology (EULAR).

The above is the longest study spanning 10 years, measuring the efficacy and safety of the SLE therapy.

Benlysta is presently approved in the U.S. for treatment of adult patients with an active SLE, who are receiving standard therapy. Additionally, Benlysta is licensed in the EU as an add-on therapy in adults with the given indication. Currently, it is also the only medicine approved for SLE.

Shares of GlaxoSmithKline have outperformed the Zacks classified Zacks Investment Research

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