While Nucala has a list price of £840 per dose, the price it will be sold to the NHS is confidential.
According to analysts, Shingrix has the potential to earn $1bn annually.
Sector is seen as a safe haven but it faces increasing regulatory costs in the future.
The new company will enable research, development and commercialisation of bioelectronic medicines.
GlaxoSmithKline said development work on its new drug pipeline is starting to pay off
FTSE 100 drug maker will invest across three different UK sites and create new jobs
Bank of England governor Mark Carney lifts markets after easing capital requirements for lenders.
The antiseptic gel called Umbipro was developed in partnership with the charity Save the Children.
The Brentford headquartered company to allow competitors access to its patent pool.
GSK chief executive will step down in March next year after bowing to pressure from shareholders.
CMA sanctions £37m fine after GSK paid £50m to stifle competition on one of its drugs between 2001 and 2004.
In 300 years, GSK has grown from a small pharmacy to a multinational corporation.
RTS,S vaccine developed by GlaxoSmithKline gets positive EMA review and next goes to WHO for tests
Humphrey's two and a half year jail sentence cut by seven months.
A British government-backed review released on Thursday (14 May) is seeking billions of dollars to fund the development of 15 new antibiotics to counter antibiotic resistance.
GSK plans to move into a new global headquarters for Asia, located in Singapore, in 2017.
GSK and Novartis have completed several transactions totalling $20bn.
Drug firm GlaxoSmithKline paid £300m after being found guilty of bribery in China.
Company's Research Triangle Park site in North Carolina would be most affected with about 900 redundant jobs.
Other bidders are looking to acquire certain regional businesses.
Healthcare workers on the frontline will be offered initial stock of the vaccine.
George Gunn, Brian McNamara and Andrin Oswald, members of Novartis executive committee, will leave firm.