GlaxoSmithKline records profits LE 28.13M in 2020

Wed, 31 Mar 2021 - 02:32 GMT

GlaxoSmithKline's consolidated financial statements revealed that, the company's net profit declined by 80 percent year-on-year during 2020.

GlaxoSmithKline signs agreement to invest £5M in Egypt

Wed, 22 Jan 2020 - 02:08 GMT

This agreement is to rehabilitate two existing production lines at the company’s plant.

GSK buys Novartis stake in consumer healthcare venture for $13B

Tue, 27 Mar 2018 - 07:53 GMT

GSK last week quit the race to buy Pfizer’s consumer healthcare business, endangering an auction the U.S. drugmaker hoped would bring in as much as $20 billion.

U.S. pharmaceutical firms to extend investments in Egypt

Fri, 18 Aug 2017 - 01:03 GMT

The U.S. Chamber of Commerce expressed its support for the expansions of the U.S. firms in Egypt.

Big pharma turns to AI to speed drug discovery, GSK signs deal

Sun, 02 Jul 2017 - 12:34 GMT

The world's leading drug companies are turning to artificial intelligence to improve the hit-and-miss business of finding new medicines.

UK firms eye more investment, Vodafone plans LE2B expansions

Tue, 20 Jun 2017 - 10:59 GMT

Mobile services provider Vodafone Egypt plans to allocate LE 2 billion ($110 million) for expanding their business in 2017, external relations manager Ayman Essam said Tuesday.

2 pharmaceutical companies to inject $128M in Egyptian market

Wed, 31 May 2017 - 09:48 GMT

Sahar Nasr mulled with representatives of two international pharmaceutical companies working in Egypt the injection of $128 million investments within the coming period.