Deal set to create world’s third-biggest premium spirits company
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Wednesday 12 May 2010
GlaxoSmithKline continued its march into the emerging markets by taking a 9.9 per cent in a South Korean drugs group yesterday. Europe's largest pharmaceuticals company said that it had entered into a strategic alliance with Dong-A Pharmaceuticals, paying £73.9m for its stake in the company.
Wednesday 05 May 2010
Outlook By going with the decidedly old Labour strategy of industrial interventionism over the past 18 months, Lord Mandelson left himself open to exactly the sort of accusations of statism that Ken Clarke, his opposite number, has thrown at him during this election campaign. To which the Business Secretary must now be tempted to reply: "But it's working."
Thursday 29 April 2010
Glaxosmithkline revealed a further boost from last year's swine flu crisis yesterday as it said H1N1 treatments helped first-quarter sales surge 13 per cent.
Wednesday 28 April 2010
Pharmaceuticals giant GlaxoSmithKline revealed a further boost from last year's swine flu crisis today as it said H1N1 treatments helped first quarter sales surge 13 per cent.
Wednesday 28 April 2010
German politicians came under pressure today to cast aside their doubts over a bailout for Greece, with markets increasingly alarmed that Athens may default on its debt and trigger a meltdown elsewhere in Europe.
Sunday 25 April 2010
Drug-maker GlaxoSmithKline has ordered staff in Europe not to fly for at least a week following the disruption caused by the volcanic ash cloud.
Wednesday 21 April 2010
Global spending on pharmaceuticals is expected to break through the $1trillion (£650bn) barrier over the next five years as demand from emerging economies surges, research shows.
Saturday 03 April 2010
Friday 02 April 2010
Wednesday 24 March 2010
Outlook Why the eerie silence from Britain's biggest pharmaceutical companies? On Monday, after more than a year of horsetrading, the US House of Representatives finally approved President Barack Obama's healthcare reforms. Yet 48 hours later, Britain's three FTSE 100 pharma giants – GlaxoSmithKline, AstraZeneca and Shire – have still not told us what they think.
Friday 19 March 2010
More than nine out of 10 scientists who backed a drug at the centre of a safety scare had financial links to the pharmaceutical industry, a study has found.
Wednesday 24 February 2010
The Food and Drug Administration (FDA) will hold a public meeting on the possible heart risks of GlaxoSmith-Kline's (GSK) diabetes treatment Avandia in July, the US regulator said yesterday, but it urged doctors to continue prescribing the drug until any new advice was issued.
Tuesday 09 February 2010
Drugs giant GlaxoSmithKline is to cut up to a third of jobs at one of its UK research and development sites, it was learned today.
Friday 05 February 2010
The transformation of GlaxoSmithKline from a company relying on a handful of expensive treatments to one dependent on consumer healthcare and emerging markets took a further step yesterday as it announced plans to scrap part of its neuroscience programme, with the loss of hundreds of jobs in the UK.
Thursday 04 February 2010
Drugs giant GlaxoSmithKline added to job woes in the sector today as it upped cost saving targets amid fears it plans to axe 4,000 roles.
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