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GlaxoSmithKline plc news

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GSK 1,661.00 +6.00 (0.36%)
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US top court rules for Glaxo on overtime pay
By a 5-4 vote, the high court handed a defeat to two former sales representatives for a unit of Britain's GlaxoSmithKline Plc. They had appealed a U.S. appeals court in California ruling that they were "outside sales" personnel exempt from federal ...
Glaxo to Pay at Least $226 Million for Basilea's Toctino
GlaxoSmithKline Plc agreed to buy the marketing rights for Basilea Pharmaceutica AG's hand eczema drug Toctino for 146 million pounds ($226 million).
UK Says 2400 People Sign Up for Liechtenstein Tax Agreement
GlaxoSmithKline Plc promoted Emma Walmsley to be its new chief executive officer and succeed Andrew Witty when he retires, a move that will make the U.K.
No Overtime for Drug Reps
Monday's decision came in a case involving GlaxoSmithKline PLC, which was fighting legal claims from two former salesmen who were seeking overtime pay on behalf of a nationwide class of representatives employed by the drug maker.
Gum Disease May Lead to Head, Neck Cancers, Study Finds
Chronic gum disease may leave the mouth more susceptible to head and neck cancers caused by the human papillomavirus, a study found.
Apple, Google, Investment Banks: Intellectual Property
GlaxoSmithKline Plc has filed an appeal at the Supreme Court arguing that a royalty exemption given to drugmakers while they're seeking regulatory approval for new treatments should also apply to post-approval testing.
Research and Markets: OTC Pharmaceuticals in Italy
OTC Pharmaceuticals in Italy industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2006-10, and forecast to 2015).
Research and Markets: OTC Pharmaceuticals in Europe
OTC Pharmaceuticals in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2006-10, and forecast to 2015).
Dewey, Dorsey & Whitney, Dechert, Sidley: Business of Law
The justices, voting 5-4 in a case involving a GlaxoSmithKline Plc unit, said pharmaceutical salespeople are exempt from a federal wage-and-hour law.
Merck, Ariad's Drug Fails to Win Approval to Treat Sarcoma
The drug would compete with GlaxoSmithKline Plc's Votrient, a kidney-cancer pill that won approval April 26 for expanded use on patients with soft-tissue sarcomas who have had chemotherapy.