GlaxoSmithKline

GSK to sell Horlicks; Nestle, other food groups likely suitors

GSK to sell Horlicks; Nestle, other food groups likely suitors

They estimated the consumer health nutrition business, which also has smaller operations in Nigeria and Bangladesh, could fetch more than $4 billion.

Mar 28, 2018, 07:36 AM IST
GSK buys Novartis stake in consumer healthcare venture for $13 billion

GSK buys Novartis stake in consumer healthcare venture for $13 billion

The deal is set to complete in the second quarter subject to the necessary approvals.

Mar 27, 2018, 14:37 PM IST

GSK's new female CEO to get 25% less after pay policy review

Walmsley, who takes over next month, will be paid a base salary of 1,003,000 pounds ($1.23 million), or 10 percent less than outgoing CEO Andrew Witty.

Mar 15, 2017, 13:54 PM IST
GlaxoSmithKline picks insider Emma Walmsley as new CEO

GlaxoSmithKline picks insider Emma Walmsley as new CEO

GlaxoSmithKline said on Tuesday it had chosen Emma Walmsley, head of consumer healthcare, as its new chief executive, after considering internal and external candidates.

Sep 20, 2016, 13:40 PM IST
GSK sells anaesthetics to Aspen for up to $370 million

GSK sells anaesthetics to Aspen for up to $370 million

GlaxoSmithKline is to sell its portfolio of anaesthetic drugs to South Africa`s Aspen Pharmacare for up to 280 million pounds ($372 million) as part of a drive by the British drugmaker to focus on core therapy areas.

Sep 12, 2016, 13:41 PM IST

GlaxoSmithKline, Alphabet create $715 million bioelectronics firm

GlaxoSmithKline and Alphabet`s life sciences unit are creating a new company focused on fighting diseases by targeting electrical signals in the body, jump-starting a new field of medicine known as bioelectronics.

 

Aug 01, 2016, 13:16 PM IST

GSK gets EU approval for first gene therapy for children

The world`s first life-saving gene therapy for children, developed by GlaxoSmithKline and Italian scientists, was approved for sale in Europe on Friday, in a step forward for the pioneering technology to fix faulty genes.

May 27, 2016, 22:54 PM IST

GlaxoSmithKline CEO Witty to bow out in March 2017

Witty, a 31-year company veteran, has been under fire from some investors in the past three years as sales and profits have flagged. His reputation was further tarnished by a damaging bribery scandal in China.

Mar 17, 2016, 16:04 PM IST

Popular antidepressant neither safe nor effective for teens

Depressed teens shouldn't take the widely used antidepressant paroxetine as it is neither safe nor effective, as per a reanalysis of an influential study originally published in 2001.

Sep 20, 2015, 17:34 PM IST

GlaxoSmithKline appoints Annaswamy Vaidheesh as MD

He would succeed current MD Hasit Joshipura, who is leaving office on August 1, 2015, the company said in a statement.

Jun 22, 2015, 16:11 PM IST

England to become world's 1st country to give babies meningitis jabs

England will become the first country worldwide to offermeningitis jabs to all babies from September, the Department of Health has confirmed.

Jun 21, 2015, 20:20 PM IST

China deports British investigator, wife in GSK case

Chinese authorities on Wednesday deported a British investigator and his wife linked to a corruption case involving pharmaceutical giant GlaxoSmithKline (GSK), after releasing them from jail over a week ago, family sources told AFP.

Jun 17, 2015, 19:11 PM IST

China deports British investigator, wife in GSK case

Chinese authorities on Wednesday deported a British investigator and his wife linked to a corruption case involving pharmaceutical giant GlaxoSmithKline (GSK), after releasing them from jail over a week ago, family sources told AFP. 

Jun 17, 2015, 15:44 PM IST

China frees wife of British investigator in GSK case

 Chinese authorities have released the jailed American wife and business partner of a British investigator linked to a corruption case involving pharmaceutical giant GlaxoSmithKline (GSK), a family friend said Thursday.

Jun 11, 2015, 15:07 PM IST

CCI imposes Rs 64 crore fine on GlaxoSmithKline, Sanofi

Every year, the government invites tenders for purchase of meningitis vaccine that is required to be administered upon Haj pilgrims.

Jun 05, 2015, 20:11 PM IST

GlaxoSmithKline targets growth across units, scraps ViiV listing

GlaxoSmithKline laid out growth targets for its biggest businesses on Wednesday, hoping to convince investors that focusing on consumer health and vaccines would return the drugmaker to long-term growth.

May 06, 2015, 17:28 PM IST

New-look GSK bets on consumer health spending

GSK predicted on Wednesday its consumer health sales would grow at a mid-single-digit compound annual rate over the next five years, slightly ahead of overall company sales.

May 06, 2015, 17:06 PM IST

Glaxo gets OK to expand marketing of inhaler drug

GlaxoSmithKline plc says it has received US approval to sell its once-a-day respiratory inhaler Breo Ellipta for a new use in asthma patients ages 18 and older.

May 01, 2015, 03:16 AM IST

World's first malaria vaccine moves closer to use in Africa

The world`s first malaria vaccine, made by GlaxoSmithKline, could be approved by international regulators for use in Africa from October after final trial data showed it offered partial protection for up to four years.

Apr 24, 2015, 06:35 AM IST

Lupin ties up with Poland-based firm for generic asthama drug

Drug major Lupin has inked a pact with Poland-based Celon Pharma to jointly develop and market a generic version GlaxoSmithKline's Advair Diskus, a drug used to treat asthama, in global markets.

Feb 17, 2015, 15:54 PM IST