Health food drink major GlaxoSmithKline Consumer Healthcare is planning to expand its reach in the country by penetrating the rural markets and adding one million more stores to its existing network of around 2.7 million stores in next 18 months.
The multi-billion dollar three-way deal of Novartis with GlaxoSmithKline (GSK) and Eli Lilly is likely to trigger merger control approvals from various anti-trust authorities, including a scrutiny by Competition Commission of India (CCI), industry
Swiss drug major Novartis’ multi-billion-dollar overhaul through deals with two multinational firms — GlaxoSmithKline (GSK) and Eli Lilly — is likely to have an impact on the Indian market, too, as all the three companies have
GlaxoSmithKline's $1-billion open offer to raise stake in its Indian arm, GlaxoSmithKline Pharmaceuticals, had received a shot in the arm from foreign institutional investors (FII), shareholding data for the March quarter showed.
GlaxoSmithKline Pharmaceuticals today posted 42.87% decline in its net profit at Rs 96.54 crore for the first quarter ended March 31, 2014, as the company continued to be impacted by the revamped price control order.
GlaxoSmithKline Pharmaceuticals is trading lower by 3% at Rs 2,570, extending its past four day’s fall, after the parent company GlaxoSmithKline plc said that it has successfully increased its stake in pharmaceuticals subsidiary in India and it will
The Glaxo SmithKline Pharma (GSK Pharma) stock, which has been on the rise since mid-December (when its foreign parent announced plans to raise its stake in the company), hit an all-time high of Rs 3,054.4 on Monday.
The share price of GlaxoSmithKline Pharma (GSK Pharma) hit 52-week high at Rs 3054.4 apiece on Mondaydue to investors' pick on expectations for a further upsurge towards the openoffer price of Rs 3100 apiece.
GlaxoSmithKline will stop paying doctors to promote its products at events and remove individual sales targets for its marketing staff in a first for the drugs industry looking to recover from scandals over improper sales practices.