Worries on drug research
Wednesday 22 February 1995
Wellcome's largest shareholder, the Wellcome Trust, will also face questions from the Commons science and technology committee. The trust received High Court approval last week to sell its 39.5 per cent stake to Glaxo as part of the £9bn bid for Wellcome.
Sir Giles Shaw, the Tory chairman of the committee will take evidence on the extent to which a combination of Glaxo and Wellcome would affect research by the two companies, which between them spent more than £1bn on R&D last year.
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Do you realise just how foolish the UK looks?
Ukip Douglas Carswell defection: Tory MP jumps ship to join Nigel Farage
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