Medical economics
GSK, Pfizer to merge consumer healthcare units
Pharmaceutical giants GlaxoSmithKline and Pfizer on Wednesday announced a merger of their consumer healthcare units that produce over-the-counter medicines.
Dec 19, 2018
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News tagged with joint venture
Other
Drugmaker GSK buys US cancer firm for $1.9 bn
GlaxoSmithKline on Wednesday said it had agreed to buy US group Sierra Oncology, a specialist in medicines for rare forms of cancer, for $1.9 billion as the British drugs giant restructures.
Apr 13, 2022
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Other
Sanofi turns to Google in search for better treatments
French pharmaceutical firm Sanofi said Tuesday it is partnering with Google to use artificial intelligence and deep analytics tools to sift through its data to find better treatments.
Jun 18, 2019
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Medications
Non-hormonal therapy reduces hot flashes and night sweats in women who have been diagnosed with breast cancer
A Monash University-led trial of a new drug known as Q-122 therapy significantly reduced the number and severity of hot flashes and night sweats in women who have been diagnosed with breast cancer. It also improved their ...
Nov 11, 2022
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Other
Drugmaker GSK names healthcare spinoff Haleon
British drugs giant GlaxoSmithKline said Tuesday that its consumer healthcare division will be spun off later this year under the name Haleon.
Feb 22, 2022
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Oncology & Cancer
Glioblastoma and autism: Possible mechanism for neuronal malformation discovered
In accordance with the blueprint contained in our DNA, human cells produce proteins that perform specific functions. An essential step in this process is the reading of the DNA and the transcription of the information into ...
Nov 5, 2021
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Other
Drugmaker GSK buys US vaccine firm for up to $3.3 bn
British drugmaker GlaxoSmithKline on Tuesday snapped up US biopharmaceutical firm Affinivax for up to $3.3 billion, expanding further into vaccines before the demerger of its consumer health care arm.
May 31, 2022
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Diseases, Conditions, Syndromes
Malaria vaccine: Could this 'ingredient' be the secret to success?
This ingredient is an essential component of the malaria parasite, a protein known as RPL6, which makes the parasite "visible" to a type of immune cells, the T cells, in the liver. The researchers added the protein to their ...
May 13, 2020
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Other
Canadian cannabis firm licensed to produce in Denmark
Canadian medical marijuana producer Canopy Growth said Monday its joint venture Spectrum Cannabis has been licensed to grow pot in Denmark for sale throughout the European Union.
Dec 19, 2017
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Medical economics
Novartis sees 2018 profit soar 64% after exiting GSK venture
Swiss pharmaceuticals giant Novartis said Wednesday that the sale of its stake in a joint venture with Britain's GlaxoSmithKlein helped boost net profit last year by 64 percent.
Jan 30, 2019
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Joint venture
A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Fuji Xerox joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.
The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability.
This text uses material from Wikipedia, licensed under CC BY-SA
