Posted Feb. 6, 2013 at 9:22 a.m.
GSK's R&D facility in RTP. (GSK photo)
Research Triangle Park, N.C. — In looking to reduce costs by $1.57 billion a year through 2016, GlaxoSmithKline is focusing on Europe, not U.S. where many changes have already been made, a GSK spokesperson says.
GSK: Cost-cutting focus is on Europe, not US
Post a comment
Print this blog postE-mail blog post
Share
GSK's R&D facility in RTP. (GSK photo)
Research Triangle Park, N.C. — In looking to reduce costs by $1.57 billion a year through 2016, GlaxoSmithKline is focusing on Europe, not U.S. where many changes have already been made, a GSK spokesperson says.
WRAL Tech Wire any time: Twitter, Facebook
Copyright 2013 WRAL Tech Wire. All rights reserved.Log in or upgrade to view WRALTechWire Insider content
To access this premium content and other benefits, become a WRAL TechWire Insider. Daily, monthly, and annual memberships available.
Please Log In to add a comment.
Best of TechWire Insider
OUR INSIDERS
WRAL TechWire Editor
The Skinny
Raleigh-based PRA International eyes public offering- Will lightning strike again for veteran entrepreneur Brian Handly at StepLeader?
- Raleigh app developer StepLeader lands $4.4M in first fund raiser
- IBM opens Linux center in China, says it will work with Red Hat
- Red-hot Raleigh startup WedPics hauls in $1.1M in funding
- New Triangle venture capital firm slowly emerging from shadows
- Titans of tech seek to excite UNC, Duke grads about a future beyond themselves
- Triangle politician tries to accelerate crowdfunding; bill passes first hurdle
- ChannelAdvisor seeks $80M, sets share target price for IPO
- IT job openings 28% below 2012 numbers, report shows