Tag Archives: Glaxo

GSK CEO Witty Still Not Interested In A Consumer Spinoff…For Now

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With a diverse business portfolio and some enterprising competitors, GlaxoSmithKline (GSK) has been the subject of spinoff rumors for years. So far, the company has opted to not pursue any divestitures of that nature and that will remain the case for some time if CEO Andrew Witty has his way. Well…at least regarding the consumer unit. While discussing the… Read More »

Glaxo Has No Current Plans To Spin Off Viiv, But Does Not Rule It Out

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Whenever a corporate executive has to publicly state that they will not be spinning something off, it’s generally only a matter of time.  This is likely the case with GlaxoSmithKline(GSK) and its majority-owned Viiv Healthcare unit.  Viiv, of which Glaxo owns 76.5%, recently filed for approval for its anti-HIV drug, dolutegravir. If the drug is approved, it is… Read More »