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GSK Expects Higher Profits Amid Strong Demand for Vaccines

  • Drugmaker also warns of slowdown in the months ahead
  • Shingles shot garnered record revenue in second quarter
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GSK Plc raised its forecasts for the year, saying demand for vaccines and prescription medicines in recent months will make up for a possible slowdown in the second half. 

Operating profit excluding some costs will likely rise as much as 15% and sales growth could reach 8%, the UK drugmaker said in a statement Wednesday.