By Toni Clarke WASHINGTON, May 6 (Reuters) - The U.S. Food and Drug Administration will hold a public meeting this summer to address drug company concern that restrictions on what they can say about off-label use of drugs violate their first amendment right to free speech. The meeting
Read more** Drug developer's shares down 20 pct after IPO carries over into this week ** Stock opens at $8.50, well below $10 IPO price, and descends immediately to as low as $7.56 ** Company redistributed revised prospectus yesterday for sale of 5.5 mln shares at $10, significantly below orig
Read moreLONDON, May 6 (Reuters) - After relying for years on its top-selling lung drug Advair, GlaxoSmithKline is now braced for the worst in the form of cheap generics - but not just yet. Chief Executive Andrew Witty said on Wednesday that the chances of cheap copies of its highly profitable inhal
Read more* Reduces cash return to shareholders, protects dividend * Sets mid-term targets for growth of business units * Q1 core EPS 17.3p vs consensus 17.4p * Q1 revenue 5.62 billion pounds, in line with consensus (Adds reaction and context) By Ben Hirschler LONDON, May 6
Read moreGlaxoSmithKline posted a modest increase in first-quarter revenue on Wednesday, up 0.2% to £5.62bn from £5.61bn, as the company said it plans to cut the amount of money it will return to shareholders under an asset swap with Novartis. Core operating profit was down 14% on a constant exchange rate ba
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