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JP Morgan: Witty Happy To Be 'Promiscuous' To Rebuild GSK's Oncology Presence

 
• By Sukaina Virji

Andrew Witty has taken a lot of flak over the past couple of years as GlaxoSmithKline Plc. lurched from one 'challenge' to another – from the bribery scandal in China and corruption allegations elsewhere, to a string of late-stage product failures, to a less than stellar uptake of its new respiratory franchise. But things are now on a steady footing and the UK-based pharma major is entering a growth phase, if the CEO's comments at the 34th annual JP Morgan Healthcare Conference on Jan. 13 are to betaken at face value.

Andrew Witty has taken a lot of flak over the past couple of years as GlaxoSmithKline Plc. lurched from one 'challenge' to another – from the bribery scandal in China and corruption allegations elsewhere, to a string of late-stage product failures, to a less than stellar uptake of its new respiratory franchise. But things are now on a steady footing and the UK-based pharma major is entering a growth phase, if the CEO's comments at the 34th annual JP Morgan Healthcare Conference on Jan. 13 are to betaken at face value.

At GSK's R&D update in November, rather a lot of incremental information on pipeline candidates was provided. Below, Scrip...

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