full year results 2006 presentation to analysts & investors · 5/23/2007 · full year results...
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Full Year Results 2006Presentation to Analysts & Investors
8th February 2007
Annual General Meeting23 May 2007
JP Garnier, CEO
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significant late-stage pipelineis delivering breakthrough treatments for patients
broad and dynamic portfoliowith significant opportunities for growth
continued commitment to growthand value to shareholders
continually improving access to medicines, vaccines and health education
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2006 +19%Q1 ‘07 +14%
EPS growth
Financial strength…
EPS is CER % growth
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2006 +19%Q1 ‘07 +14%
EPS growth
Buy-back programme doubled to £6bn over 3 years
2006 48p (2005 44p)
Q1 ‘07 12p (Q1 ’06 11p)
…accelerating cash returns to shareholders
Dividend
Sharebuy-
backs
EPS is CER % growth
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significant late-stage pipelineis delivering breakthrough treatments for patients
broad and dynamic portfoliowith significant opportunities for growth
continued commitment to growthand value to shareholders
continually improving access to medicines, vaccines and health education
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+74%
+69%
>100%
Ever-broadening portfolio of fast-growing products
+19%
+24%
+38%
+11%
+25%
+29%
+60%
+9%FY 2006 Sales CER Growth. Growth shown for Avandia franchise and hepatitis franchise.
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Avandia Meta Analysis
Statistical analysis of existing data published in New England Journal of Medicine on Monday 21st May:
– Analysis raises questions relating to cardiovascular safety profile of Avandia
– Conclusion based on incomplete evidence - author admits analysis has significant limitations
GSK respond with statement strongly disagreeing with the conclusions, based on long-term clinical trials demonstrating comparable cardiovascular profile to other oral medicines for diabetes
After reviewing all available clinical evidence for Avandia, FDA did not ask GSK to take specific action at this time
FDA announces Advisory Committee meeting to be scheduled
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H5N1H5N1pandemicpandemic
- - New ACS indication - -
Significant new product opportunities in 2007
- - For POI - -
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Tykerb – new hope for cancer patients
Launched in US inMarch
Launched in US inMarch
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Cervarix - new vaccine to prevent cervical cancer
Every 2 minutes, a woman dies of cervical cancer
Cervarix is the first vaccine to show sustained efficacy after 5.5 years
Europe and International launches expected H2 ’07
Filed in US in March ‘07
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4%3%
2%
6%
9%
0%
2%
4%
6%
8%
10%
2003 2004 2005 2006 1Q '07
Consumer Healthcare – building momentum
1Q ’07 sales £786m +9%
Sal
es G
row
th fo
r CH
C
CER sales growth, as reported.
CNS acquisitionNew launches
alli launch mid‘07
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“If you have the will, we have the power”TM
alli - 50% more weight loss than diet alone
First FDA approved OTC weight-loss medication
Rights also acquired to market alli in the rest of the World*
US launch in June
* Excluding Japan
US launch in June
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significant late-stage pipelineis delivering breakthrough treatments for patients
broad and dynamic portfoliowith significant opportunities for growth
continued commitment to growthand value to shareholders
continually improving access to medicines, vaccines and health education
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Strong late-stage pipeline
31 major product opportunities inlate-stage clinical
development:
13 NCEs6 Vaccines
12 PLEs
As at 8th Feb 2007
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GSK Pipeline
CEDD structure evolving and getting stronger…
oncology
macrolide
psychiatry
Inflamm
metabolic
biopharm
respiratory
CV & Urol
Neuro/GI
Infec Dis
CEEDD
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hiatry
CV & Urol
Neuro/GI
CEEDD
…CEEDD gives GSK access to 15 new pipelines
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significant late-stage pipelineis delivering breakthrough treatments for patients
broad and dynamic portfoliowith significant opportunities for growth
continued commitment to growthand value to shareholders
continually improving access to medicines, vaccines and health education
![Page 18: Full Year Results 2006 Presentation to Analysts & Investors · 5/23/2007 · Full Year Results 2006 Presentation to Analysts & Investors 8th February 2007 Annual General Meeting](https://reader033.vdocuments.us/reader033/viewer/2022052104/603f8349a499d94d4a77f2fd/html5/thumbnails/18.jpg)
Breaking down the barriers to healthcare
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GSK - well positioned with strong future
outlook
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