Sales Are Strong for Glaxoâs Weight-Loss Product
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Desperate for a cure for fat, consumers have purchased more than two million starter packages of the new weight-loss product Alli since it launched four months ago.
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The leading drugstore retailer is leveraging prescription sales to produce record results.
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The president of U.S. pharmaceuticals at GlaxoSmithKline Plc , Chris Viehbacher, said on Wednesday it was too early to write off the diabetes drug Avandia, which he said could once again return to annual sales of more than $3 billion.
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PHILADELPHIA -- GlaxoSmithKline is in talks with the Food and Drug Administration about selling its Fluarix influenza vaccine in the United States this season because of the expected flu vaccine shortage this year.
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The company posted strong second-quarter sales, and an acquisition could help long-term results.
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The news media and millions of Americans who are overweight are agog about the new anti-obesity drug Acomplia.The drug, under development by Sanofi-Aventis SA, the French pharmaceutical company, is touted as a way to fight obesity and help people stop
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NEW YORK  - Insulin, Glucotrol, and drugs like Avandia and Actos are all effective treatments for diabetes, but they can produce weight gain.
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British pharmaceutical giant GlaxoSmithKline said Wednesday that third-quarter profits fell owing to fierce competition from generic drugs and sliding sales of controversial diabetes drug Avandia.
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A new anti-obesity drug that works in the same way as Sanofi-Aventis's Acomplia has advanced in clinical trials, triggering a $25 million payment to Belgian drugs, chemicals and plastics maker Solvay.
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Pharmaceutical maker Abbott Laboratories said its profit growth was driven by strong sales of migraine and Crohnâs disease treatments.
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GlaxoSmithKline Plc, Europe&#39;s largest drugmaker, said it settled a lawsuit filed by New York Attorney General Eliot Spitzer, who accused the drugmaker last June of withholding safety data on the antidepressant Paxil.
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While rimonabant sounds like a dream come true to people who are trying to lose weight, some researchers say the drug may be getting more attention than it deserves.
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Better test results for Elan Corp's key  Antegren drug lifted the Irish company's shares more than 10  percent as analysts said the data improved its chances of  becoming the leading multiple sclerosis treatment.
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Human Genome Sciences could see more than $180 million from a new deal with drug maker GlaxoSmithKline. Glaxo has acquired exclusive rights to an experimental drug called Albugon, which Human Genome Sciences
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Sales of milk and baby food are making this a much more profitable company.
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British pharmaceutical group GlaxoSmithKline (GSK) has said that it had agreed to buy antibody therapy developer Domantis for 230 million pounds (339 million euros, 451 million dollars) in cash.
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The drugmaker signed a deal to authorize a generic form of its osteoporosis drug Fosamax, which has annual sales of $3 billion, making it the worldâs top-selling drug for osteoporosis.