Tag Archives: GSK
Comply or Die: Introducing GSK's New Corporate Integrity Agreement
Big pharma talks a lot about the changing business model and placing a new emphasis on patients, but the fact remains that quantity of medicines sold, not quality of care provided, is how to get paid (and how to keep investors happy). Despite its egalitarian trappings, the healthcare “ecosystem” is still dominated by the [...]
Posted in Agency Insight, Corporate Responsibility, Legal, Marketing, Regulatory, Sales, Strategy, compliance Also tagged CIA, Corporate Integrity Agreement, DoJ, False Claims, fraud, GlaxoSmithKline, HHS, Justice Department, Office of Inspector General, OIG Leave a comment
GSK: A Rebuffed Suitor for the Moment
By Patricia Van Arnum.
Last week Human Genome Sciences (HGS) rejected GlaxoSmithKline’s (GSK) unsolicited $2.59 billion bid for HGS or $13 per share. Although rejecting GSK’s initial bid, HGS kept the door open for other suitors, including again GSK.
HGS has authorized its board of directors to explore strategic alternatives for the company, including a potential sale. [...]
Posted in Deals, Guest Blog Also tagged Deals, GlaxoSmithKline, Human Genome Sciences, M&A 1 Comment
UK Pharma/Bio Responds to 'Predictable' Budget
UK pharma and biopharma was quick to respond positively to the Chancellor of the Exchequer’s annual Budget speech last week, despite some industry disappointment at a fiscal program widely derided as safe, neutral, and, in Andrew Goodwin of Ernst & Young’s words, “one of the most predictable” of recent times.
GlaxoSmithKline Recalls Antihypertensive Drug Made at Novartis Facility
By Patricia Van Arnum.
GlaxoSmithKline is recalling 394,230 bottles containing its antihypertensive drug DynaCirc CR (isradipine) controlled-release tablets, according to a Feb. 22, 2012, FDA enforcement report. The lots are being recalled due to concerns regarding the level of cGMP compliance and procedural controls related to line clearance during the packing process at the Lincoln, Nebraska, [...]

GSK Goes DTC for London Olympics