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GlaxoSmithKline to break up research and development operations

The world's second-largest pharmaceuticals group is to abandon its big-is-beautiful model and run its businesses more like small biotech outfits.

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GlaxoSmithKline teams up with Aspen to drive generic drugs

GlaxoSmithKline teams up with Aspen to drive generic drugs

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Keeping in step with focus on off-patent medicines

GlaxoSmithKline's shift into generic drugs by means of its partnership with Aspen reflects and develops a trend during recent years by large pharmaceutical companies...

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GlaxoSmithKline 2Q earnings hurt by generics, Avandia

Competition from generic drugs weighed on GlaxoSmithKline's bottom line in the second quarter, the pharmaceutical company said Wednesday. (GSK)

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GlaxoSmithKline - Q2 Results and Strategy Update - Interview with CEO

LONDON, July 23 /PRNewswire-FirstCall/ -- In a video interview, new CEO Andrew Witty comments on GSK's second quarter results while also updating the market on his strategic vision for the business. The new strategic priorities for GlaxoSmithKline are: - Grow a diversified global business - Deliver more products of value - Simplify GSK's operating model The interview, podcast and vodcast are...

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GlaxoSmithKline earnings hurt by generics, Avandia

Competition from generic drugs weighed on GlaxoSmithKline's bottom line in the second quarter, the pharmaceutical company said Wednesday. (GSK)

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Witty's blueprint for a new GSK

GLAXOSMITHKLINE must change to survive the growing threat of generic competition for its leading products, its chief executive warned yesterday.

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Glaxo set for big push into emerging markets

GlaxoSmithKline's new chief executive signalled his intent to launch an expansion drive into the emerging markets yesterday as he revealed his strategic objectives for the first time and announced a "transformational" partnership with a South African drugs company.

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Glaxo earnings fall 3% to £1.29bn

GlaxoSmithkline, the world’s second-largest drug maker, posted a 3% fall in second-quarter net profit yesterday after strong competition from generic drugs outweighed asset sales and the cost-saving effects of job cuts.

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Glaxo takes big Strides in generics

Mumbai, July 23: GlaxoSmithKline has entered into an alliance with Onco Therapies Ltd, a joint venture of Strides Arcolab, in branded generics.

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Glaxo Battles Slow Growth

GlaxoSmithKline will make additional changes to its drug-research team and work with a company that sells low-cost medicines in emerging markets. The U.K. drug giant posted weak second-quarter results.

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Weak dollar, foreign sales boost drugmakers

Profits posted Wednesday by Pfizer Inc. and Wyeth show a common theme among pharmaceutical companies _ nearly all the growth they're seeing these days is overseas, driven by emerging markets and the weak dollar. U.K.-based GlaxoSmithKline PLC, which also...

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GSK plans to enter generics market

GlaxoSmithKline unveiled a strategic overhaul that includes a plan to sell a wide range of generic medicines under a pioneering deal to boost sales in emerging markets

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Glaxo unveils plan to diversify

Global drugs giant GlaxoSmithKline wants to broaden its product base as it grapples with tough competition from generic drug makers

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GSK to sell generic drugs in new markets

LONDON: GlaxoSmithKline, the world’s second largest drugmaker, on Wednesday took a bold step into the branded generics marketplace via an alliance with South Africa’s Aspen Pharmacare Holdings. The move, is the latest sign of Glaxo ...