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Companies / India

GSK Hopes To Triple Turnover

December 2006 | Company Finance Alert

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The Indian unit of UK-based drugmaker GlaxoSmithKline (GSK) is looking to break US$1bn in sales by 2015. GSK India hopes that a multi-pronged strategy, which includes scaling up its vaccine production business, investing heavily in its pipeline, and possibly making a midlevel acquisition, will give it the impetus to realise its ambitions.