Feb 3 GlaxoSmithKline is set to unveil
plans to launch late-stage clinical trials on 10 new drugs over
the next two years, the Telegraph reported, without citing
The new drugs, which have not been detailed to investors,
will include cancer and respiratory disease medicines, the
newspaper said on its website. ()
Britain's biggest drugmaker is also expected to report that
fourth-quarter sales in China, where it is embroiled in a major
bribery probe, took a smaller hit than when the scandal first
blew up during the summer quarter, the report said.
The investigation began in July 2013, after Chinese police
accused GSK of funnelling up to 3 billion yuan ($495.05 million)
to travel agencies to facilitate bribes to boost its drug sales.