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GSK adds to its commitment to GAVI Alliance to help protect millions more children against infectious diseases


GlaxoSmithKline (GSK) announced today it has increased its commitment to the GAVI Alliance to provide vaccines to developing countries, helping to protect millions more children against infectious diseases. Under this new agreement, GSK will provide an additional 240 million doses of Synflorix™ to developing countries over the next ten years, helping protect up to 80 million more children from pneumococcal diseases such as meningitis and pneumonia. This builds on the 480 million doses of the vaccine that GSK has already committed to GAVI ... Read More »

BT Sport announces partnership with Scottish Rugby


This new landmark partnership with BT will see BT Group and BT Sport promoted at Scotstoun Stadium and Murrayfield Stadium. The innovative new partnership will commence from August and runs until 2017. This season, Glasgow Warriors start their Heineken Cup campaign with a tough away draw against defending champions Toulon, while Edinburgh Rugby will play at Murrayfield as they take on Munster Rugby. Marc Watson, chief executive of TV for BT Retail, said: “We are very pleased to invest in Scottish Rugby with this sponsorship, which allows ... Read More »

UK: Aviva Commercial Finance lends over £28 million on York student accommodation project


Aviva has provided a £28.5 million loan to Student Accommodation Provision Three LLP, a joint venture between Evans Property Group and the University of York, who will be building and developing a new residential campus for the University. James Pitt, development director at Evans Property Group, said: "Having completed the award winning Langwith campus in September last year we are delighted to be working again in partnership with the University on the third student campus at Heslington East. This latest transaction demonstrates our continu... Read More »

SSE response to MPs’ report on prices, profits and fuel poverty


"As one of the two UK-based, publicly listed major energy suppliers, our customers can see exactly what profits we are making and where they are made. However, we are happy to work with Ofgem, BDO or anyone on exploring if there are ways to improve customer understanding of these profits.. "We aim for an average profit margin in Energy Supply of around 5% over the medium term as we believe this is a fair and sustainable level. We are committed to making energy as affordable as possible and are proud that the report shows our 'costs to serve'... Read More »

GSK receives positive CHMP opinion for REVOLADETM in thrombocytopenia associated with chronic hepatitis C infection


“A sustained virologic response is the goal for treatment of hepatitis C infection and our clinical study, the largest ever in cirrhotic patients with low platelet counts and chronic hepatitis C infection, demonstrated that eltrombopag in combination with interferon-based therapy, allowed more cirrhotic patients with low platelet counts to reach this goal.” said Dr Rafael Amado Head of Oncology R&D, GlaxoSmithKline. “We’re looking forward to working with the regulators to attain full marketing authorisation for this indication.” The CHMP... Read More »

ITV acquires Big Talk

ITV will pay an initial cash consideration and further capped cash payments contingent on Big Talk’s future performance. The initial cash consideration will be dependent on the 2012/13 financial performance and is expected to be in the region of £12.5m. The further capped cash payments are payable on the delivery of significant profit growth over the next five years. The multiple paid is similar to the range paid on our previous acquisitions. ... Read More »

Rio Tinto approves US$1.03 billion investment in Escondida Water Supply Project


Rio Tinto holds a 30 per cent interest in Escondida. The project will provide a sustainable supply of water for the new OGP1 copper concentrator approved in February 2012, while minimising Escondida's reliance on the region's aquifers. Construction will commence in July 2013 with commissioning scheduled in 2017. The project will include two pipelines, four high pressure pump stations, a reservoir at the mine site and high voltage infrastructure to support the system. Rio Tinto's investment will be funded through the company's share of Escond... Read More »

AstraZeneca collaborates with Cambridge medical research institutions to advance cancer research


The collaboration follows AstraZeneca’s recent announcement that by 2016 its new UK-based global research and development centre and corporate headquarters will be located at the Cambridge Biomedical Campus. This alliance will bring together scientists from AstraZeneca’s small molecule and MedImmune’s biologics units and researchers across the region from the University, affiliated Institutes and the NHS, all of which are members of the Cambridge Cancer Centre. The three projects involve: Working with the Cancer Research UK Cambridge Instit... Read More »

GSK and Save the Children launch $1 million award to discover new healthcare innovations for reducing child deaths


GSK and Save the Children today launched a $1 million Healthcare Innovation Award to identify and reward innovations in healthcare which have proven successful in reducing child deaths in developing countries. From the 27th June – 26th August, organisations from across the developing world can nominate examples of innovative healthcare approaches they have discovered or implemented. These approaches must have resulted in tangible improvements to under-5 child survival rates, be sustainable and have the potential to be scaled-up and replicate... Read More »

British Tennis star Anne Keothavong retires and will join BT Sport


Anne, 29, won a total of 20 International Tennis Federation (ITF) singles titles, eight ITF doubles titles and made seven WTA semi-final appearances. She reached a career-high singles ranking of world No. 48 in early 2009, the first British woman in 16 years to crack the world’s Top 50. In Grand Slams her high point was reaching the third round of the US Open in 2008 and while at Tour level, she reached the last four of 2009 Warsaw, the best British result at a Premier level clay court event since Jo Durie was a semifinalist at the 1983 Fren... Read More »

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