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GlaxoSmithKline plc news

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GSK 1,377.92 +15.42 (1.13%)
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GlaxoSmithKline Launches Hostile Takeover Bid for Human Genome Sciences
GlaxoSmithKline Plc (NYSE: GSK), Britain's biggest drugmaker, will mount a $2.6 billion hostile takeover bid for Human Genome Sciences Inc. (NASDAQ: HGSI), the company announced Wednesday.
Glaxo to Begin Hostile Offer for Human Genome Sciences
Glaxo's bid is part of a wave of takeover activity in the pharmaceutical industry as drugmakers seek new products. Roche Holding AG made a hostile offer for Illumina Inc. in January, and abandoned it last month.
Glaxo Diabetes Drug Data Revealed Amid Hostile Takeover
GlaxoSmithKline Plc will reveal detailed results today on an experimental treatment for diabetes that's part of the reason for a $2.6 billion hostile takeover bid for Human Genome Sciences Inc., its partner on the drug.
Glaxo's Stiefel Unit Loses $1.5 Million Verdict on Buybacks
Stiefel Laboratories lost a $1.5 million jury verdict to a former employee who claimed the company bought back his stock at artificially low prices before its acquisition in 2009 by GlaxoSmithKline Plc. Timothy Finnerty won the judgment on May 16 in ...
Human Genome in Talks With Potential Suitors
Human Genome Sciences Inc. said it's in talks with “major” pharmaceutical and biotechnology companies about a potential transaction and adopted measures to avoid a hostile takeover by GlaxoSmithKline Plc. Human Genome entered into confidentiality ...
GSK Says La. Can't Use Outside Attys In $12B Avandia Suit
Law360, New York (May 31, 2012, 4:30 PM ET) -- GlaxoSmithKline PLC urged a Louisiana state court on Thursday to bar the state's attorney general from using private attorneys to pursue a $12 billion Medicaid fraud suit over the safety risks of diabetes ...
GSK, Valeant Dodge Sham Patent Suit Claims In Wellbutrin Row
Law360, New York (May 11, 2012, 4:56 PM ET) -- A Pennsylvania federal judge on Friday granted a move by GlaxoSmithKline PLC and Valeant Pharmaceuticals International to toss claims brought by purchasers of depression medication Wellbutrin XL in an ...
Glaxo Scientist, Surgeon Targeting Historic British Hockey Gold
MacLeod, 27, also worked for GlaxoSmithKline Plc, the U.K.'s biggest drugmaker, as a sports scientist on its Lucozade energy drink.
Stopping Fake Drugs From Pakistan Is Too Late for Victims
More than 2,500 stalls wedged along dirt lanes in Karachi's busiest trading district offer everything from Pfizer Inc.'s cholesterol pill Lipitor to GlaxoSmithKline Plc's painkiller Panadol. Closer study of the remedies lining rickety shelves reveals ...
Life assurance bonds can keep the taxman at bay
The taxman is always keen to take his share of everything, from your income to the wealth you leave your family, so finding ways to reduce your tax bill is a rewarding activity.