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GlaxoSmithKline
GlaxoSmithKline News
CCPA
10 Feb 2022
CCPA passes order for discontinuation of Sensodyne ads in India
The Central Consumer Protection Authority (CCPA) has also passed an order against Naaptol Online Shopping Ltd for misleading advertisements and unfair trade practice, and asked it pay a penalty of Rs 10 lakh.
GlaxoSmithKline
16 Jan 2022
GSK rejects $68 billion Unilever bid for consumer healthcare unit
GlaxoSmithKline and Unilever confirmed that an acquisition offer was made. There can be no certainty that any agreement will be reached, Unilever said.
GSK
07 May 2020
GSK selling $3.45 billion stake in Hindustan Unilever
GSK struck a deal to fold its Indian business - whose main product is Horlicks - into Unilever`s Indian unit Hindustan Unilever in exchange for shares in the combined group.
Competition Commission
24 May 2019
CCI approves GSK, Pfizer consumer healthcare JV formation
GSK, in December 2018, had said it has reached an agreement with Pfizer to combine their consumer health businesses into a new joint venture (JV) with combined sales of around USD 12.7 billion (around Rs 88,900 crore).
Unilever
28 Nov 2018
Unilever emerges as leading bidder for GSK's Horlicks business
Other bidders include Coca-Cola Co, which has been looking to expand in emerging markets.
Nestle
28 Mar 2018
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.
GlaxoSmithKline
27 Mar 2018
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.
GlaxoSmithKline
15 Mar 2017
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.
GlaxoSmithKline
20 Sep 2016
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.
GlaxoSmithKline
12 Sep 2016
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.
GlaxoSmithKline
01 Aug 2016
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.
GlaxoSmithKline
27 May 2016
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.
GlaxoSmithKline
17 Mar 2016
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.
Anti-depressants
20 Sep 2015
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.
GlaxoSmithKline
22 Jun 2015
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.
GlaxoSmithKline
17 Jun 2015
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.
CCI
05 Jun 2015
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.
GlaxoSmithKline
06 May 2015
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.
GSK
06 May 2015
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.
GlaxoSmithKline
30 Apr 2015
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.
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