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A few days ago, Glaxo entered into an agreement to acquire 80.02% shares of a UK and Germany-based, privately-owned company, Cellzome, for a cash payment of £61 million (U.S. $99 million). Glaxo already owns 19.98% shares of Cellzome and after ...
May 17, 2012 at 16:42 | Source: Yahoo Finance
GLAXOSMITHKLINE may find its next acquisition target where the UK drug-maker found the last two: among more than a dozen companies it collaborates with to develop new treatments. Glaxo has stakes in more than 10 publicly traded companies, including ...
May 25, 2012 at 21:26 | Source: Irish Times
The company, which has laboratories in Cambridge, in the UK, and Heidelberg, Germany, will become part of Glaxo's research and development unit. However, Cellzome shareholders, including Glaxo, intend to create a spin-off company, which "would hold the ...
May 15, 2012 at 11:08 | Source: Daily Telegraph
Human Genome's board initially spurned Glaxo's bid on April 19; at the time, the offer represented an 81 percent premium. Many investors and analysts expect Glaxo to clinch a deal at a modestly higher price. A Reuters poll of 13 analysts found ...
May 17, 2012 at 11:27 | Source: The Guardian
The mid-stage trial of the Glaxo drugs included 77 patients not previously treated with a BRAF-targeted pill. The patients lived for a median of 7.4 months before their disease got worse. Two percent of trial patients developed squamous cell ...
May 16, 2012 at 22:05 | Source: Reuters UK
The brokerage, which downgraded Human Genome stock to "market perform" from "outperform", said chances of the company attracting a better price were low as negotiations with Glaxo have become more "adversarial." On Wednesday, Glaxo said it would ...
May 24, 2012 at 13:49 | Source: Reuters UK
The Springfield Road school was presented with £600 from the GSK Charities Fund. Glaxo’s site training co-ordinator, Julie Coulson, and the company’s human resources leader, Steve Stewart, recently attended the school to present the money to ...
May 15, 2012 at 11:15 | Source: North West Evening Mail
A DRUGS facility in Ulverston has achieved a million hours without an injury or accident. GlaxoSmithKline staff are celebrating reaching the milestone, which represents more than one million hours since the last reportable injury or illness. The ...
May 22, 2012 at 23:17 | Source: North West Evening Mail
The business has rejected the $13-a-share offer, saying it does not reflect the value of the company, and adopted a shareholder rights plan in a bid to ward off Glaxo. Last week, Glaxo said it would not proceed with its offer unless HGS drops the poison ...
May 29, 2012 at 20:02 | Source: Daily Telegraph
There were an estimated 7,556,900 official residents in Greater London. Over half of the UK's top 100 listed companies (the FTSE 100) and over 100 of Europe's 500 largest companies are headquartered in central London. Over 70 per cent of the FTSE 100 are ...
May 19, 2012 at 08:04 | Source: Worldnews.com