GSK exec foresees more M&A in the industry

11/9/2010 | Reuters

David Redfern, chief strategy officer at GlaxoSmithKline, said mergers and acquisitions in the drug industry likely will continue and that investors might see more major deals as companies attempt to avoid market pressure. However, GlaxoSmithKline will stick to smaller purchases because the company does not rely on deals to fill holes in its drug portfolio, Redfern said. "As the major Western markets slow down, M&A has been seen as a way of getting more top-line growth," he said.

View Full Article in:

Reuters

Published in Brief:

SmartBrief Job Listings for Health Care

Job Title Company Location
Eastern Zone Sales Director
Regenesis Biomedical
Multiple Locations, SL_Multiple Locations
Director, Compliance - Health Plan Privacy & Security
Kaiser Permanente
Oakland, CA
Regulatory Counsel
Food and Drug Administration
Silver Spring, MD
Pharmacy Care Manager
National Association of Chain Drug Stores
Arlington, VA
Vice President, Commercial Markets
Meridian Health
Neptune, NJ