Glaxo slide holds Footsie back

A sharp fall in the shares of drugs giant GlaxoSmithKline today prevented the FTSE 100 Index from closing at a four-year high.

Glaxo slide holds Footsie back
Mon, 21 Nov, 2005 - 17:45

A sharp fall in the shares of drugs giant GlaxoSmithKline today prevented the FTSE 100 Index from closing at a four-year high.

Investors took fright at the proposals from regulators in the United States that tougher restrictions be placed on the Advair asthma treatment of Glaxo.

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CourtsBusinessHeathrowPlace: United StatesPlace: New YorkPlace: GlasgowPerson: Johnson MattheyOrganisation: GlaxoOrganisation: GlaxosmithklineOrganisation: VodafoneOrganisation: Royal Dutch ShellOrganisation: DixonsOrganisation: DSG InternationalOrganisation: ArgosOrganisation: GUSOrganisation: PartyGamingOrganisation: EmpireOrganisation: Empire OnlineOrganisation: DemonOrganisation: Finsbury FoodOrganisation: RMOrganisation: FootsieOrganisation: British LandOrganisation: Reed ElsevierOrganisation: British Airways
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