GSK to deal with global MNCs

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The pharma major, GlaxoSmithKline Pharmaceuticals Ltd, is seen actively looking at in-licensing deals with global MNCs, reports ET Now.

According to the report, the company is currently in negotiation of in-liscensing deals with 3 parties for deals in Derma, Respiratory & Antibiotic areas.

In an e-mail response, the company’s management said, “In licensing is a part of our growth strategy and we are constantly looking for opportunities which we announce only when an arrangement is crystallized.”

Ref and Read more: http://articles.economictimes.indiatimes.com/2011-09-09/news/30135500_1_gsk-pharma-licensing-deals

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