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Glaxo Wellcome

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Why GSK is changing its strategy after 93 years

Increased price control over branded generic medicines has affected its profitability GlaxoSmithKline (GSK) Pharmaceuticals is scouting for acquisitions in the domestic market for the first time......

Caraco gets FDA nod for cardiac drug in US

Sun Pharmaceuticals' US-based associate, Caraco Pharmaceutical Laboratories, has received the approval from the US Food and Drug Administration to manufacture and market yet another generic drug,......

Nirmal to buy Glaxo property

Nirmal Constructions, a leading real estate and construction group, is set to acquire the 20 acre Burrows Wellcome property at Mulund (a Mumbai suburb) for nearly Rs 230 crore (Rs 2.3 billion).At......

Glaxo sells Worli plot for Rs 108 crore

Pharma major GlaxoSmithKline Pharmaceuticals Ltd has sold its Worli plot for Rs 107.6 crore (Rs 1.08 billion) to I-Ven Realty Ltd, a joint venture between ICICI Venture Funds Management Company Ltd......

Glaxo, Burroughs swap ratio at 14:10

The much-awaited merger of Burroughs Wellcome India Ltd with GlaxoSmithKline Pharmaceuticals Ltd in the country was approved by boards of both entities on Wednesday with a swap ratio of 14:10......

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