Keyword: GlaxoSmithKline (GSK)

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GSK to Raise India Unit Stake in $940 Million Deal

26.11.2012 - GlaxoSmithKline plans to buy up to an additional 31.8% stake in its Indian consumer products arm for about $940 million, as Britain's biggest drugmaker deepens its emerging markets...

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EU Doctors Turn to Last-Ditch Antibiotics as Resistance Grows

16.11.2012 - Doctors are increasingly having to turn to last-ditch antibiotics due to growing drug-resistant superbug infections in Europe, EU health officials said on Friday. The problem is...

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Drugmakers Offer to Cap Greece's Medicines Bill

05.11.2012 - International drug companies have offered to cap the total amount the Greek government has to pay for its medicines in a bid to resolve a crisis that is jeopardising both the...

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GlaxoSmithKline Wins Top Prize at IChemE Awards

02.11.2012 - GlaxoSmithKline clinched the top prize at the IChemE 2012 Awards last night in recognition of its radical change in the manufacture of pharmaceuticals. The organisation won the...

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Vertex Posts Q3 Loss as Hepatitis Drug Sales Plunge

02.11.2012 - Vertex Pharmaceuticals reported a net loss for the third quarter on Thursday with results hurt by fast-declining sales of its Incivek hepatitis C drug, as the company turned its...

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GSK Raises Bet on AIDS Drug with New Shionogi Deal

29.10.2012 - GlaxoSmithKline has raised its bet on a promising drug for HIV/AIDS by redrawing a deal with Japan's Shionogi, giving it a much bigger economic interest in the new product...

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Canada's Top Court Rules for Glaxo in Tax Case

19.10.2012 - The Supreme Court of Canada ruled on Thursday in favor of GlaxoSmithKline in a tax case centered on whether the drug conglomerate charged its Canadian unit excessive prices for...

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GlaxoSmithKline to Reveal More Drug Secrets

11.10.2012 - GlaxoSmithKline, criticised in the past for keeping important information about its medicines to itself, is to lift the lid on more of its drug secrets. Three months after GSK was...