Pharmaceutical Sector

GSK makes impressive HIV/AIDS treatment

As compared to Gilead’s drug Atripla that is leading the market, a drug from GlaxoSmithKline and its Japanese partner Shionogi has proved better. It is once daily drug and it went through a late-stage clinical trial.

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Bayer Might Shift From Germany

Among all the other mis-happenings of the economic market, there is now one more. Germany had announced that it shall no longer be a part of the nuclear power after there was a blunder in Japan.

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India's Biocon to divest in Germany's AxiCorp

India's Bangalore-based Biocon has decided that it will be divesting its stake in the German drug distributor, AxiCorp GmbH. Some three years back it had taken up controlling stake in the company and now it will be selling the shares to the minority shareholders of the company.

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