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gsk
news
Last updated: Wednesday, December 9, 2009
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GSK further extends its product portfolio in the Middle East and North Africa
GlaxoSmithKline plc (GSK) today announced that it has acquired the branded generics business of Bristol Myers Squibb (BMS) in Lebanon, Jordan, Syria, Libya and Yemen for a cash consideration of $23.2m (£14.2m). The business comprises a portfolio of 13 branded pharmaceuticals with annual sales in 2008 of $11.8m. This purchase is another step forward in GSK’s strategy to accelerate growth in emerging markets and signals a strong commitment to provide quality medicines to patients in the Middle East and North Africa. |
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Tykerb Approved Treatment Of Breast Cancer
On Wednesday, British drug maker GlaxoSmithKline PLC announced today that the United States Food and Drug Administration (FDA) approved its breast cancer treatment Tykerb to be used with Roche Holding's Xeloda in patients with advanced breast cancer or breast cancer that has spread to other parts of the body. |
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HHS Awarded Bird Flu Vaccine Contracts
US Department of Health and Human Services (HHS) awarded yesterday contracts GlaxoSmithKline, Novartis and Iomai Corp. valued at $132.5 million for developing a vaccine for bird flu. |
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