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GlaxoSmithKline seeks FIPB nod to hike stake in Indian arm

2014-01-05 16:03:36| Biotech - Topix.net

After purchase, the holding of the promoter group companies in the Indian subsidiary will go up to 75 per cent from the current 50.67 per cent Summary GSK has approached FIPB to hike stake by buying 24.33 pct for an estimated Rs 6,400 cr UK-based pharmaceuticals major GlaxoSmithKline has approached the FIPB to hike stake in its domestic arm by ... (more)

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Merck Collaborates with GlaxoSmithKline to Evaluate Novel Combination Regimen for Advanced Renal Cell Carcinoma

2013-12-18 13:30:00| Merck.com - Research & Development News

Dateline City: WHITEHOUSE STATION, N.J. WHITEHOUSE STATION, N.J.--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada, today announced the initiation of a clinical trial to evaluate the combination of the companys investigational anti-PD-1 immunotherapy, MK-3475, and GlaxoSmithKlines orally administered kinase inhibitor, pazopanib, in advanced renal cell carcinoma. Language: English Contact: MerckMedia:Ian McConnell, 908-423-3046orClaire Mulhearn, 908-423-7425orInvestors:Carol Ferguson, 908-423-4465orJustin Holko, 908-423-5088 Ticker Slug: Ticker: MRK Exchange: NYSE read more

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GlaxoSmithKline to Quit Paying Doctors for Promotional Talks

2013-12-18 10:46:06| Biotech - Topix.net

In a major departure from industry practice, GlaxoSmithKline, the sixth-largest global drug maker, announced Tuesday that it will no longer hire doctors to promote its drugs.

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VIDEO: GlaxoSmithKline makes $1bn India move

2013-12-17 03:41:43| BBC News | Business | UK Edition

Pharmaceutical giant GlaxoSmithKline's $1bn investment in India shows that the UK company remains bullish about growth in the country.

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GlaxoSmithKline to divest $740 million stake in South Africa's Aspen

2013-11-19 22:22:10| Biotech - Topix.net

GlaxoSmithKline said on Tuesday it planned to reduce its investment in South African drugmaker Aspen Pharmacare by one third, although it would retain a board seat and a significant shareholding.

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