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GlaxoSmithKline PLC

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Top GlaxoSmithKline PLC Articles see all

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  • Novartis, GSK announce multibillion-dollar overhaul of drug businesses

    Novartis, GSK announce multibillion-dollar overhaul of drug businesses
    Swiss pharmaceutical titan Novartis AG on Tuesday announced an overhaul of its operations that involved several multibillion-dollar deals with GlaxoSmithKline intended to allow Novartis to focus on its oncology business and boost profitability, the companies said.
  • Former head of GlaxoSmithKline in China is accused of bribery

    Former head of GlaxoSmithKline in China is accused of bribery
    The former head of GlaxoSmithKline in China was charged with corruption by local authorities after a probe that resulted in accusations that the drug maker ran a wide-ranging bribery scheme that included payoffs to doctors. Chinese police alleged that...

    Chinese dissident, in TV shaming, apologizes for spilling secrets

    Chinese dissident, in TV shaming, apologizes for spilling secrets
    One of China’s most venerable dissident journalists was paraded  on state television Thursday morning, apologizing for spilling state secrets that embarrassed the Chinese Communist Party. The public shaming of Gao Yu, a 70-year-old grandmother who...

    Zimmer to buy Biomet amid flurry of billion-dollar medical deals

    Zimmer to buy Biomet amid flurry of billion-dollar medical deals
    Orthopedic products maker Zimmer Holdings on Thursday announced it will acquire Biomet Inc. in a deal valued at $13.35 billion, including assumption of debt, the companies said.    The proposed acquisition follows a flurry of billion-dollar deals by...

    Illinois among 45 states settling off-label dispute with GlaxoSmithKline

    Illinois among 45 states settling off-label dispute with GlaxoSmithKline
    The Illinois Attorney General on Wednesday announced the state was part of a $105 million settlement with GlaxoSmithKline LLC to resolve allegations that the company unlawfully promoted its asthma drug Advair and antidepressants Paxil and Wellbutrin....