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New bribery allegations hit GSK in China: WSJ

2013-07-08 08:19:48| Biotech - Topix.net

China-based staff of GlaxoSmithKline Plc allegedly handed doctors with cash and other rewards for prescribing Botox, according to the Wall Street Journal, in the latest scandal to hit the British drugmaker which is under investigation by Chinese police for economic crimes - [SHANGHAI] China-based staff of GlaxoSmithKline Plc allegedly handed ... (more)

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China probes British drugmaker GSK

2013-07-04 11:48:56| Biotech - Topix.net

The National Development and Reform Commission has begun a survey on production costs at 60 firms, including Britain's GlaxoSmithKline and 10 China-listed firms, the official Securities Daily said.

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Suntory could build UK 'bridgehead' with GSK brands Ribena and Lucozade

2013-07-02 09:42:27| Biotech - Topix.net

GlaxoSmithKline's brands Lucozade and Ribena are tempting targets for Far Eastern trade players such as Suntory Holdings that wish to establish a bridgehead in the UK, says an M&A expert.

Tags: build brands gsk suntory

 

Blackstone, Lion Capital to bid for GSK drinks

2013-07-01 09:34:52| Biotech - Topix.net

Private equity firms Blackstone and Lion Capital have teamed up to make a formal bid worth more than a billion pounds for Lucozade and Ribena, the two soft drink brands put up for sale by drugmaker GlaxoSmithKline, Sky News reported on Sunday.

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New GSK diabetes drug works, but faces tough competition

2013-06-24 15:28:49| Biotech - Topix.net

GlaxoSmithKline's experimental once-weekly diabetes drug albiglutide was effective in late-stage clinical trials, but the medicine may struggle to differentiate itself in an increasingly competitive market.

Tags: works drug competition faces

 

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