GSK and UK Department of Health in negotiations over Bexsero pricing

23 March 2015
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UK pharma major GlaxoSmithKline (LSE: GSK) has said it is committed to reaching a conclusion with the UK Department of Health on the cost of its meningococcal serogroup B vaccine Bexsero.

The UK’s Health Secretary Jeremy Hunt has said he has spoken to Sir Andrew Witty, the chief executive of GSK, in the past week and that they aim to come to an agreement “very soon.”

Catherine Hartley, a GlaxoSmithKline spokeswoman, said: "we are confident our proposal, which is significantly below the list price, offers fair value for the NHS."

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