je.st

Home › gsk

Tag: gsk

GSK and J&J back $1 billion biotech spin-off from Index Ventures

2016-02-02 13:41:59| Biotech - Topix.net

Index Ventures, an early investor in technology hits like Skype and Dropbox, is spinning off its biotech portfolio into a new $1 billion business, with backing from drug giants GlaxoSmithKline The new Medicxi Ventures business will be led by the existing life sciences team from Index Ventures and includes all the current biotech portfolio companies. Medicxi said on Tuesday it had raised 210 million euros for a new fund focused on early-stage life sciences investments in Europe, with GSK and J&J each contributing 25 percent.

Tags: back index billion biotech

GSK, Astra, J&J link with universities in new drug research fund

2016-01-25 09:31:53| Biotech - Topix.net

GlaxoSmithKline, AstraZeneca and Johnson & Johnson have joined with three leading British universities to create a new 40 million pounds fund backing early drug research. The Apollo Therapeutics Fund, which aims to improve the speed and potential of university research being translated into new medicines, is a further example of a trend by Big Pharma to tap into academic science in the hunt for treatments.

Tags: link research drug fund

Five charged over GSK secrets scheme

2016-01-21 09:44:02| BBC News | Business | UK Edition

Five people are charged in the US with scheming to steal trade secrets from the drugs giant GlaxoSmithKline.

Tags: charged scheme secrets gsk

GlaxoSmithKline plc's (GSK) Neutral Rating Reaffirmed at BNP Paribas

2016-01-09 20:38:11| Biotech - Topix.net

's stock had its "neutral" rating restated by analysts at BNP Paribas in a report issued on Friday, MarketBeat Ratings reports. They presently have a GBX 1,400 target price on the stock.

Tags: rating neutral bnp reaffirmed