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Glaxo to Pay $20M to Settle SEC Bribery Charges in China

Oct 02, 2016 09:57 PM EDT

GlaxoSmithKline PLC (GSK) has agreed to pay $20 million to settle civil charges allegations that it bribed foreign officials in China to boost medicine sales, the United States regulator revealed on Friday.

World's First Malarial Vaccine Gets A 'Go' Signal

Saranya Palanisamy |

Jul 25, 2015 12:20 PM EDT

The world's first malarial vaccine was approved by health officials in Europe on Friday, July 24.

China Frees Glaxo British Investigator

Stephanie Crisme |

Jun 11, 2015 08:41 AM EDT

China freed on Tuesday a British investigator working for the GlaxoSmithKline pharmaceutical company after being detained a couple of years ago. He was sentenced for two years and a half, but family and friends said he was released seven months earlier.

Glaxo-UNC to Cure HIV

Kristine Andal |

May 13, 2015 09:48 AM EDT

GlaxoSmithKline has been working with the University of North Carolina at Chapel Hill are joining forces to establish a research center that will concentrate on HIV/AIDS science. They want to find the cure for this infection.

GSK Announces Delay In Ebola Vaccine Production

Acsilyn Miyazaki |

Oct 17, 2014 02:50 PM EDT

Multinational pharmaceuticals company GlaxoSmithKline announced the Ebola vaccine would not be available for general use until 2016.

AstraZeneca Acquires Almirall Lung Drugs In US$2.1B Deal

Bianca Ortega |

Jul 30, 2014 02:00 PM EDT

British-Swedish pharmacaeutical giant AstraZeneca acquired the rights to the lung drugs of Spanish firm Almirall in a US$2.1 billion-deal after refusing Pfizer’s takeover offer in May.