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Mon, 06 Feb 2012 05:56:25 -0800

GlaxoSmithKline Q4 net up at Rs 59 cr
GlaxoSmithKline Consumer Healthcare on Monday posted little over ten per cent growth in net profit at Rs 59 crore in the fourth quarter ending December 31.
Fri, 27 Jan 2012 03:34:46 -0800

James Murdoch to quit GSK board
LONDON (Reuters) - James Murdoch, facing scrutiny over his role in a phone hacking scandal at the News of the World tabloid, is to step down from the board of GlaxoSmithKline, Britain's biggest drugmaker said on Friday. "James Murdoch has decided to stand down from the board with effect from this year's AGM," GSK Chairman Christopher Gent said in a statement. Murdoch took the decision to focus ...
Fri, 03 Feb 2012 09:12:31 -0800

Kolaveri man to boost Sachin's energy
Take a celebrated cricketer, a familiar beverage he has endorsed for over 20 years, a social media phenomenon that rocked the country, and a flash mob — it has all the makings of another song going viral.
Mon, 06 Feb 2012 22:23:26 -0800

Boardroom battles hot up as top executives step down
This will be the second high-profile exit from the company in recent months after Arun Kapur, the former chief executive, quit late last year.
Mon, 06 Feb 2012 10:54:45 -0800

Viom chief quits as graft controversy snowballs
Subodh Bhargava, chairman of Viom Networks, has decided to quit, citing his “discomfort about the speed at which the business was growing”.
Mon, 30 Jan 2012 14:52:35 -0800

Pledge to eliminate 10 neglected tropical diseases by 2020
Neglected diseases like kalazar, filariasis, blinding trachoma, sleeping sickness and leprosy, which affect millions of Indians every year, have finally got the attention they deserve.
Thu, 19 Jan 2012 08:25:27 -0800

Doping: Journey of a sample at London 2012
LONDON (Reuters) - More than 6,000 urine and blood samples will be analysed during the London 2012 Olympics, and scientists say the task of getting them from athlete to laboratory and back to Games officials is a race that demands speed, skill and security. Athletes can be tested anytime and anywhere, whether they're in the official villages, in private residences and whether they're inside or ...
 
Tue, 07 Feb 2012 15:41:58 GMT


AFP

GlaxoSmithKline Q4 and full-year profits rise as restructuring pays off
Washington Post
LONDON — GlaxoSmithKline PLC voiced some optimism over its new product development this year, while reporting a return to profit in the fourth quarter when it reaped the benefits of lower restructuring costs and reduced overheads.
GlaxoSmithKline profits triple to £5.26 bnAFP
Healthy GlaxoSmithKline raises its dividend and plans to create jobsThis is Money

all 171 news articles »
Tue, 07 Feb 2012 16:02:35 GMT


Investment Week

GlaxoSmithKline profits up sharply
BBC News
UK drugmaker GlaxoSmithKline has reported pre-tax profits of £1.9bn during the three months to the end of December 2011, up from a £193m loss during the same period in 2010. For the whole year, the firm reported pre-tax profit of £8.2bn, up from £4.5bn ...
GlaxoSmithKline: A Good Mix Of Income And OpportunitySeeking Alpha
Glaxo Tests Cheaper Version of Advair for Emerging MarketsBusinessWeek
Glaxo Plans Buyback as Fourth-Quarter Profit Meets Estimates, Sales FallBloomberg
Morningstar.com -Barron's (blog) -Investment Week
all 12 news articles »
Tue, 07 Feb 2012 20:36:01 GMT


Legal News Line

GlaxoSmithKline Among Companies Paying $25 Million to State
Bloomberg
The two companies and Boehringer Ingelheim GmbH, Dey Pharma LP and GlaxoSmithKline Plc resolved civil claims that they inflated drug prices to get larger reimbursements from the state's Medicaid program, Louisiana Attorney General James “Buddy” ...
Drug makers to pay $25.2M to settle fraud claimsBusinessWeek
La. AG hauls in $25.2M from five drug companiesLegal News Line
Louisiana AG Recovers $25.2M from Drug Companies Charged with FraudInsurance Journal
NOLA.com -The Advocate
all 39 news articles »
Wed, 08 Feb 2012 08:42:47 GMT


The Guardian

Nervous GlaxoSmithKline pulls cash out of eurozone to avoid crisis
The Guardian
GlaxoSmithKline has been pulling cash out of some eurozone countries in case the debt crisis takes a turn for the worse. Speaking at the drugmaker's annual results presentation in London, the recently knighted chief executive Sir Andrew Witty said in ...
GlaxoSmithKline clears cash from eurozone on a daily basisTelegraph.co.uk
GlaxoSmithKline net earnings doubles to £5.9 billion in 2011pharmabiz.com
GlaxoSmithKline decision on new Barnard Castle plant expected by summerThe Northern Echo
FierceBiotech -Wall Street Journal
all 22 news articles »
Wed, 08 Feb 2012 22:18:57 GMT


Rottenstein Law Group Is Encouraged by GlaxoSmithKline's Settlement of 20000 ...
DigitalJournal.com (press release)
The former Avandia users who filed the lawsuits reached an accord with GlaxoSmithKline in a mediation ordered by US District Judge Cynthia Rufe in Philadelphia, according to an article that recently ran on Bloomberg.com. Judge Rufe had set a 75-day ...

and more »
Wed, 08 Feb 2012 13:00:34 GMT


Sky News

UK's GlaxoSmithKline reports USD2b profit in Q4
Middle East North Africa Financial Network
(MENAFN) Scotland-based GlaxoSmithKline PLC (GSK) posted a net profit of USD1.98 billion in the fourth quarter from USD1 billion loss a year earlier, AP reported. Profits were slightly lower than expectations as were revenues, which dipped 3 percent at ...
Summary Box: GlaxoSmithKline back in profit in 4th quarter as restructuring ...Washington Post
GlaxoSmithKline says annual profits triple to £5.26 blnMedical Xpress
Drugs Maker GlaxoSmithKline Returns To ProfitSky News
Philadelphia Inquirer -Pittsburgh Business Times (blog)
all 18 news articles »
Wed, 08 Feb 2012 16:37:16 GMT


ChemoCentryx IPO Up 12% After Cutting Price
Wall Street Journal
Since August 2006, it has been in a strategic alliance with GlaxoSmithKline that allows GlaxoSmithKline the option of exclusively licensing drug candidates covered by the collaboration for further development and commercialization.

and more »
 
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