Smithkline Beecham confounds the doubters: while Glaxo and Wellcome hog the limelight, SmithKline Beecham (SB) is quietly demonstrating that there is life after a major patent expiry

Article Abstract:

SmithKline Beecham's sales of Tagamet fell by 28% in 1994, to 484 million pounds sterling, however the decline was offset by increases in newer products, such as Paxil, an anti-depressant. Following the appointment of Jan Leschly as chief executive, the company announced the purchase of Diversified Pharmaceuticals Services, a drug wholesaler, and later it purchased Sterling's OTC business. It also sold its animal healthcare division.

SmithKline Beecham Corp. (Philadelphia, Pennsylvania)

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Tough battle for AAH: German wholesaler Gehe's move on AAH could be hard for the group to resist

Article Abstract:

Gehe of Germany, a major pharmaceuticals wholesaler, has made a hostile bid for AAH, a drugs distributor and environmental services group, which would allow it to enter the UK and Irish markets. AAH has a poor track record including two profit warnings and Gehe would have to invest in automated warehouse stock control to prevent AAH's margin decline.

Pharmaceutical industry, Mergers, acquisitions and divestments, Gehe AG, AAH Holdings PLC

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Peptide Therapeutics

Article Abstract:

Peptide Therapeutics develops vaccines, and there are risks involved, despite a promising pipeline of products.

Biological products exc. diagnostic, Vaccines for Human Use, Peptide Therapeutics, Vaccines industry, Biological products industry, Vaccines

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