News

US aerospace giant Boeing has unveiled a record $10 billion (£6.1 billion) share buyback and 50 per cent hike in the dividend.

IN BRIEF : Zantac wins over-the-counter clearance

Glaxo Wellcome, the pharmaceuticals group, has won regulatory approval for its non-prescription version of Zantac, its anti-heartburn treatment. The clearance opens up a new market for Zantac, competing with rival treatments such as Pepcid, produced by Merck, and Tagamet, from SmithKline Beecham.

pounds 682m Glaxo disposal chips at debt mountain

NIGEL COPE

Impotence: it's the worst a man can get

Millions of men in Britain cannot get erections. Far from being funny, the result for many is deep unhappiness. But, reports David Cohen, there is at least one cure for the majority of cases

Glaxo delay gives Wellcome chance

Analysts believe Wellcome's chances of fighting off the hostile £9bn-plus takeover bid from Glaxo by finding an alternative white knight bidder have received a boost from the predator's delay in posting its official offer document.

Wellcome puts aside pounds 52m for set-up

WELLCOME has put aside pounds 52m to cover the set-up costs of its joint venture with Warner Lambert to sell its medicines over the counter, writes Gail Counsell.

Glaxo pipped at post by Lilly's dollars 4bn bid for PCS: Failure to acquire McKesson casts shadow over US healthcare market strategy and sends shares lower

GLAXO has been outmanoeuvred by Eli Lilly, the drug company whose products include Prozac, the anti-depressant, in the race to buy PCS Health Systems, one of the largest pharmaceuticals benefit managers in the US.

Decision time for UK drug companies: Gail Counsell says the big three must act soon to counter the threat from US healthcare changes

'CONSIDERING a range of options' is the stock response of the likes of Glaxo, Wellcome and Zeneca when the subject of US healthcare reform is raised.

Gum wars: dentists lead the way

IN MEASURING the intensity of Britain's chewing-gum 'war', a stroll along any British street would be in order. Almost every paving slab bears multiple traces of chewed and discarded gum: ubiquitous encrustations removable neither by nature nor municipal brush. On London's City Road last week, I counted 326 of them on 50 yards of pavement.

Wrigley pledge on gum display

WRIGLEY, Britain's leading supplier of chewing gum, has given assurances to the Office of Fair Trading that it will not remove competitors' chewing gum or their display stands from retail outlets without written authorisation from those controlling the premises, writes Mary Fagan.

Glaxo plans links in US

GLAXO is understood to be considering links with a number of American groups to tackle the increasingly competitive US market, writes Gail Counsell.

Glaxo drug wins wider US approval: Warner-Lambert sales threat - Clinton eases healthcare stance

US REGULATORS yesterday gave Glaxo approval for wider use of Zofran, its anti-nausea drug.

View from City Road: Blighted by uncertainty

Poor Zeneca. To have one key aspect of your business dogged by uncertainty thanks to the meddling of politicians may be regarded as a misfortune; to have two so blighted looks like downright carelessness.

Glaxo and Wellcome form drug giant: Warner-Lambert link creates world's biggest non-prescription firm - US deal combines producer and bulk-buyer

GLAXO and Wellcome, two of Britain's biggest drug companies, have teamed up with Warner-Lambert of the US to form the largest over-the-counter - non-prescription - pharmaceutical company in the world.

Ministers 'tearing guts out of drugs Bill'

The Government was yesterday accused of attempting to 'tear the guts' out of a private member's Bill that would provide more information about drug safety - just a month after allowing it a Second Reading, writes Nicholas Timmins.

Glaxo and ICI rapped over prices

GLAXO and ICI's American subsidiaries have been criticised in a US Senate report for increasing drug prices faster than inflation despite promises to the contrary.
Career Services

Day In a Page

Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there