GLAXOSMITHKLINE

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Glaxo takes $2.4 bln charge, Avandia mostly settled

GlaxoSmithKline expects to record a legal charge of 1.57 billion pounds ($2.4 billion) for the second quarter after settling the substantial majority of claims relating to its controversial diabetes pill Avandia.

Glaxo expects $2.4 billion legal charge in Q2

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GlaxoSmithKline expects to record a legal charge of 1.57 billion pounds ($2.4 billion) for the second quarter after settling the substantial majority of claims relating to its diabetes pill Avandia.
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U.S. advisers say keep Glaxo's Avandia on the market

GlaxoSmithKline Plc's diabetes drug Avandia should be allowed to stay on the market but with additional warnings, U.S. health advisers recommended on Wednesday, easing a threat of further costly litigation that could have followed a ban.
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FDA panel finds Avandia heart concern

U.S. health advisers said GlaxoSmithKline Plc's diabetes drug Avandia raised a heart attack concern compared with diabetes drugs in other classes and a rival drug in the same class.
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Panel early vote finds Avandia heart concern

U.S. health advisers said GlaxoSmithKline Plc's diabetes drug Avandia raised a heart attack concern compared with diabetes drugs in other classes and a rival drug in the same class.
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Panel hears final pleas on Glaxo diabetes drug

U.S. advisers neared a vote on whether a GlaxoSmithKline Plc diabetes drug carries too much heart risk to stay on the market, hearing final conflicting pleas Wednesday from a patient and a public health advocate.
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U.S. panel nears vote on Glaxo diabetes drug

The fate of a GlaxoSmithKline Plc diabetes drug may become clearer on Wednesday when U.S. advisers vote on whether the widely used pill carries too much heart risk to stay on the market.
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Glaxo said to settle Avandia cases on U.S. vote eve

GlaxoSmithKline Plc has agreed to pay $460 million to settle thousands of lawsuits over its Avandia diabetes pill, Bloomberg reported on Tuesday, on the eve of a crucial vote by U.S. experts on whether the pill should be withdrawn due to heart risks.
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Experts weigh risks of Glaxo's Avandia

U.S. advisers began weighing the fate of GlaxoSmithKline Plc's diabetes pill Avandia on Tuesday at a two-day meeting that will consider if the medicine is too dangerous to stay on the market.
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Lawsuits may reveal more Avandia data

Lawyers for patients who say they have been harmed by GlaxoSmithKline Plc's Avandia say critical data is still under wraps even as a U.S. advisory panel prepares to weigh the fate of the controversial diabetes drug.
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Diabetes drug linked to heart problem

Two recent studies linking the diabetes drug Avandia to heart ailments prompted the U.S. Food and Drug Administration (FDA) to consider withdrawing it from the market.
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EU and U.S. ask if Glaxo's Avandia has a future

GlaxoSmithKline Plc's diabetes pill Avandia came under intense scrutiny on both sides of the Atlantic on Friday, leaving the drug's future uncertain as its maker battles a growing tide of lawsuits.
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EU agency probes safety of Glaxo's Avandia drug

European regulators are launching a new probe into the safety of GlaxoSmithKline Plc's diabetes pill Avandia, adding to pressure on a medicine that already faces a grilling from U.S. experts next week.
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AstraZeneca loses generic drug case versus EU

A European Union court backed an EU antitrust decision against Anglo-Swedish drugmaker AstraZeneca Thursday, lending weight to a regulatory crackdown on firms blocking cheaper drugs coming to market.
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Extra mutations help flu evade drug

Two extra mutations set the stage for the seasonal influenza virus to evolve into a form that now resists three of the four drugs designed to fight it, researchers reported on Thursday.
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WHO admits shortcomings in handling flu pandemic

(Reuters) - The World Health Organization conceded shortcomings on Monday in its handling of the H1N1 swine flu pandemic, including a failure to communicate uncertainties about the new virus as it swept around the globe.
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Vaccine deal could save 900,000 lives by 2015

(Reuters) - Drugmakers Pfizer and GlaxoSmithKline signed a landmark 10-year deal on Tuesday to supply 60 million doses a year of cut-price pneumococcal vaccines to developing nations.
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Reviewers urge Glaxo's Avandia come off market

Two U.S. drug safety reviewers have recommended that GlaxoSmithKline PLC's diabetes drug Avandia be pulled from the market after concluding it is more dangerous to the heart than a rival medicine, according to documents released on Saturday.
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New seasonal flu vaccine to contain H1N1 strain

The composition of the vaccine, announced at the end of a closed-door four-day meeting of influenza experts that is closely followed by the world's vaccine makers, means governments that have stockpiled doses of H1N1 swine flu vaccine may now use them for part of the seasonal flu vaccine mix.

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