Last $26.12 USD
Change Today -0.17 / -0.65%
Volume 1.2K
GLAXF On Other Exchanges
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As of 8:10 PM 05/17/13 All times are local (Market data is delayed by at least 15 minutes).

glaxosmithkline plc (GLAXF) Snapshot

Open
$26.11
Previous Close
$26.29
Day High
$26.15
Day Low
$26.00
52 Week High
05/15/13 - $26.29
52 Week Low
11/15/12 - $20.67
Market Cap
--
Average Volume 10 Days
1.5K
EPS TTM
--
Shares Outstanding
0.0
EX-Date
05/8/13
P/E TM
--
Dividend
$85.50
Dividend Yield
4.98%
Current Stock Chart for GLAXOSMITHKLINE PLC (GLAXF)

glaxosmithkline plc (GLAXF) Latest News

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glaxosmithkline plc (GLAXF) Details

GlaxoSmithKline plc, together with its subsidiaries, discovers, develops, manufactures, and markets pharmaceutical products, over-the-counter medicines, and health-related consumer products worldwide. It offers pharmaceutical products in various therapeutic areas comprising respiratory, anti-virals, central nervous system, cardiovascular and urogenital, metabolic, antibacterials, oncology and emesis, dermatology, rare diseases, immuno-inflammation, vaccines, and HIV. The company provides prescription medicines to treat a range of conditions, including infections, depression, skin conditions, asthma, heart and circulatory disease, and cancer. It also produces paediatric and adult vaccines to prevent a range of infectious diseases, including hepatitis A and B; diphtheria, tetanus, and whooping cough; measles, mumps, and rubella; polio; typhoid; influenza; and bacterial meningitis. In addition, it provides consumer health products in oral care, nutritional, total wellness, and skin health areas. The company's total wellness products include Panadol for the treatment of paracetamol-based treatment of headache and joint pain, fever, and cold symptoms; NicoDerm, NiQuitin CQ, and Nicabate for the treatment of nicotine withdrawal as an aid to quitting smoking; ENO Tums, a rapid relief antacid; and oral care products comprise Sensodyne for the prevention of dental sensitivity; Polident, Poligrip, and Corega to improve comfort of fitted dentures and to clean dentures; Aquafresh for the prevention of caries, gum disease, and bad breath; and Parodontax to help stop bleeding gums and gum health. Its nutrition products include Lucozade for energy and hydration; and Horlicks and Maxinutrition for nutrition; and skin health products comprise Physiogel, a face and body care product for dry, sensitive, and irritated skin, and Oilatum, a soothing treatment for eczema and dry skin conditions. The company was founded in 1935 and is headquartered in Brentford, the United Kingdom.

99,488 Employees
Last Reported Date: 03/8/13
Founded in 1935

glaxosmithkline plc (GLAXF) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: 1.9M GBP
Chief Financial Officer, Executive Director, ...
Total Annual Compensation: 1.0M GBP
Chairman of Global R&D & Vaccines, Executive ...
Total Annual Compensation: $2.6M
Compensation as of Fiscal Year 2012.

glaxosmithkline plc (GLAXF) Key Developments

Genentech and Biogen Idec File for a Re-hearing of U.S. Court of Appeals Decision in the Arzerra Patent Infringement Case

Genmab A/S announced that Genentech and Biogen Idec have filed for a re-hearing en banc (i.e. before all judges of the court) in the appeal case, where the U.S. Court of Appeals for the Federal Circuit recently upheld the U.S. District Court's judgment in favor of GlaxoSmithKline plc (GSK). The appeal case relates to a patent infringement case involving Arzerra® brought against GSK by Genentech and Biogen Idec. Genentech and Biogen Idec claim that the decision from the US court of appeals announced on April 16, 2013 in favor of GSK was against court precedent and request the US court of appeals to reconsider the case. The court of appeals will now decide whether to grant the rehearing. Genentech and Biogen Idec originally filed the lawsuit in 2010 in the U.S. District Court for the Southern District of California claiming that Arzerra infringed U.S. Patent No. 7,682,612 covering methods of treating Chronic Lymphocytic Leukemia (CLL) with CD20 antibodies. GSK denied infringement and claimed the patent was invalid and unenforceable. An initial judgement by the court in favor of GSK in December 2011 was subsequently appealed by Genentech and Biogen Idec. In April 2013 the US court of appeals upheld the original decision by the US district court in favor of GSK.

GlaxoSmithKline plc Plans to Cut 14 Irish Jobs at its Dublin-Based Commercial Division

GlaxoSmithKline plc announced that it is cutting 14 jobs at its Dublin-based commercial division. Some of the redundancies will probably be mandatory, though the company will look for volunteers. Staff have been informed of the cuts but no one has been formally let go yet. It plans to reduce costs by at least £1 billion a year by 2016. It recently announced 94 job losses at its Cork shared services operation. The multinational employs around 1,600 people in Ireland.

GlaxoSmithKline plc and Theravance Inc. Announce FDA Approval for BREO ELLIPTA

GlaxoSmithKline plc and Theravance Inc. announced that the US Food and Drug Administration (FDA) has approved BREO ELLIPTA as an inhaled long-term, once-daily maintenance treatment of airflow obstruction in patients with chronic obstructive pulmonary disease (COPD), including chronic bronchitis and/or emphysema. It is also indicated to reduce exacerbations of COPD in patients with a history of exacerbations. BREO ELLIPTA is a combination of the inhaled corticosteroid (ICS), fluticasone furoate "FF", and the long-acting beta2 agonist (LABA), vilanterol "VI" (FF/VI 100/25 mcg). Following this approval by the FDA, it is anticipated that BREO ELLIPTA will be available in the US during the third quarter of 2013. Under the terms of the 2002 LABA collaboration agreement, Theravance is obligated to make a milestone payment of $30 million (USD) to GSK following FDA approval of BREO ELLIPTA. The data submitted to the FDA to support the regulatory review of FF/VI included data from a comprehensive programme of non-clinical studies, 52 clinical pharmacology studies in 1,406 patients, and 11 clinical studies in 7,851 patients with COPD. There were four primary COPD studies: two 6-month lung-function studies and two 1-year replicate exacerbation studies.

 

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GLAXF

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Valuation GLAXF Industry Range
Price/Earnings 20.1x
Price/Sales 3.2x
Price/Book 12.4x
Price/Cash Flow 20.0x
TEV/Sales 3.2x
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