GlaxoSmithKline Plc, the largest maker of AIDS treatments, said its Telzir used with other HIV medicines helped suppress the virus for about two years in patients being treated for the first time.

GlaxoSmithKline Plc, Europe’s biggest drug maker, said it agreed to buy two anti-blood clot treatments from France’s Sanofi-Synthelabo for €453 million ($544 million) in cash.

One of the top five pharmaceutical firms in the world, GlaxoSmithKline PLC (GSK) said that it has received a claim from the US government of $2.7bn (€2.13bn) for taxes from the for the years 1989-1996.

EUROPE'S three biggest drug companies will showcase new products at three keenly-awaited research and development presentations in the coming weeks, but none has a quick fix for sceptical investors, analysts say.

EXECUTIVES at HSBC Holdings Plc, Europe's largest bank by market value, and food retailer Tesco may be next to face outrage from their shareholders for being paid too much, investors said.

GlaxoSmithKline PLC and Corixa Corp said a US Food and Drug Administration panel strongly supported their radioimmunotherapy drug Bexxar, which the two companies are jointly developing.

Valentis Inc said it expanded its April 2001 license agreement with GlaxoSmithKline PLC to enable GlaxoSmithKline to use its GeneSwitch gene regulation technology for research purposes for up to 10 years.

GlaxoSmithKline PLC's experimental genital herpes vaccine will begin new clinical trials on female subjects, GSK and the National Institutes of Health said.

THE idea that there are companies generating more wealth than Ireland has been debunked by the United Nations.