London, July 28, 2026 (AFP) - British drugs group GSK targets savings after profits slide

NAMPA / AFP

2026-07-28

British pharmaceutical giant GSK on Tuesday said it was targeting annual savings of £1.9 billion ($2.5 billion) after profits tumbled in the second quarter. Net profit in the second quarter slumped 70 percent to £435 million compared with the April-June period a year earlier after it abandoned a chronic cough treatment, GSK said in a statement. bcp/ajb/cw ...

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