THE UK's largest pharmaceutical company today said the cost of settling legal disputes over controversial diabetes drug Avandia will hit a record £2.2bn.Read
PHARMACEUTICAL giant GlaxoSmithKline is considering building a new North East plant as part of plans to invest £500m in manufacturing which could create around 1,000 jobs.Read
PHARMACEUTICALS giant GlaxoSmithKline revealed a further boost from last year’s swine flu crisis as it said H1N1 treatments helped first- quarter sales surge 13%.Read
SOARING global demand for swine flu vaccinations is expected to give drug giant GlaxoSmithKline a £1bn sales boost in the final three months of the year.Read
SALES of the swine flu vaccine are expected to deliver a £1.5bn boost to Britain's biggest drug companies in the final three months of 2009, according to reports.Read
OFFICIAL UK output figures for the second quarter will provide the economic highlight next week, and GlaxoSmithKline is due to report back on trading.Read
THE threat of a pandemic triggered by a new flu strain that has killed more than 100 people in Mexico is expected to be a windfall for some makers of drugs and vaccines.Read
THERE are fresh concerns for North East jobs after it was reported drugs giant GlaxoSmithKline is set to wield the axe again when it announces its full-year results later this week.Read
DRUGS giant GlaxoSmith- Kline yesterday revealed that 200 jobs will go at its County Durham factory, but pledged to invest £17m in the site next year.Read
UP to 100 jobs are expected to go at the North East base of one of the UK’s largest private companies as it looks to make cutbacks in the light of falling sales and profits.Read
DRUGS giant GlaxoSmithKline has started a voluntary redundancy programme at its County Durham site as part of a global shake-up which has already seen 300 jobs go at its plant in Cumbria.Read
IN the regional portfolio, pharmaceutical firm GlaxoSmithKline announced it has struck a deal with Bristol Myers Squibb to buy its portfolio of mature medicines in Egypt.Read
A QUESTION mark is hanging over the future of jobs at drugs firm GlaxoSmithKline’s Barnard Castle factory as part of cost-cutting which has already cut 300 jobs in the North.Read
AFTER spending some of the day in positive territory, the UK stock market retreated into the red and ended the week’s opening session down 40 points at 5312.6.Read
