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May 31 (Reuters) - GSK on Tuesday agreed to buy U.S. biotech Affinivax for up to $3.3 billion, its second major deal in two months, giving the British pharmaceutical giant access to the company's roster of next-generation vaccines.
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(Alliance News) - The FTSE 100 was outperforming European peers on Tuesday morning, as blue-chip benchmarks on the continent were suffering after EU leaders agreed a partial ban on Russian oil.
Read more(Alliance News) - GSK on Tuesday said it has agreed to pay USD2.1 billion upfront, with potentially a further USD1.2 billion coming, to acquire Boston, Massachusetts-based Affinivax.
Read more(Alliance News) - Stocks in London were called flat on Tuesday with a mixed session in Asia unable to inspire, as investors await an inflation reading due from the eurozone.
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(Sharecast News) - Drugmaker GlaxoSmithKline said on Tuesday that it had agreed to acquire Boston-based clinical-stage biopharmaceutical company Affinivax as part of a deal valued at as much as $3.3bn.
Read moreGSK PLC - west London-based pharmaceutical firm formerly known as GlaxoSmithKline - Makes further appointments to the designate board of Haleon, the independent company to be formed following the demerger of its Consumer Healthcare business. GSK's nominations for independent non-executive directors are Asmita Dubey, chief digital & marketing officer at L'Oreal SA who built the company's first joint businesses with Alibaba Group Holding Ltd and Tencent Holdings Ltd, and Marie-Anne Aymerich who led the worldwide Oral Care category at Unilever PLC.
Read more(Sharecast News) - Drugmaker GlaxoSmithKline was said to be nearing a deal to build a £400.0m science campus in Hertfordshire that could create as many as 5,000 highly skilled jobs over the next decade.
Read more(Alliance News) - GSK PLC on Friday said China's National Medical Products Administration has approved the use of its HPV vaccine Cervarix for girls aged 9 to 14.
Read more(Alliance News) - Stock prices in London are seen opening lower on Friday, failing to follow the lead of a rally in New York overnight, but still on track for a weekly gain.
Read more(Sharecast News) - UK pharma giant GSK said China's National Medical Products Administration has approved a two-dose vaccine schedule for its Cervarix treatment in girls aged between 9 to 14 years for the prevention of cervical cancer.
Read moreMay 24 (Reuters) - The Russia-Ukraine crisis and soaring energy prices have nearly halved the confidence of European business leaders in the first half of the year and many corporations have passed on the costs to consumers, an industry survey showed on Tuesday.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more(Alliance News) - National Grid PLC on Thursday backed its five-year outlook on a strong financial 2022 performance due to smaller hit from Covid-19, and lifted its payout to shareholders.
Read moreMay 17 (Reuters) - UK stocks advanced on Tuesday on hopes that China would ease its COVID-19 curbs and regulatory scrutiny, although strength in the pound following an upbeat employment report capped gains for the export-oriented FTSE 100.
Read moreMay 16 (Reuters) - UK's blue-chip index rose on Monday, aided by gains in healthcare and resource-linked stocks, though subdued data from China stoked slowdown concerns in the world's second-largest economy and kept sentiment in check.
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