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China Slump Holds Back GSK’s International Pharma Sales

This article was originally published in PharmAsia News

Executive Summary

GlaxoSmithKline has joined the ranks of other multinational pharma firms including Lilly and Novartis that have seen a slump in their China business in the second quarter. A global restructuring program as well as some capacity constraints also affected the quarterly international sales of the British firm's global pharma business.

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