Statement on Established Products Portfolio

RNS Number : 9051Y

GlaxoSmithKline PLC

04 December 2014

 



Issued: Thursday 4 December 2014, London UK - LSE Announcement

GSK statement on Established Products Portfolio

As announced at the Company's 2^nd quarter results in July, GSK started a process to consider the divestment of certain North American and European brands in its Established Products Portfolio.

The Company has evaluated all bids received and has concluded, consistent with its key criteria of maximising shareholder value, not to pursue divestment of these products.

V A Whyte

Company Secretary

4 December 2014

GSK - one of the world's leading research-based pharmaceutical and healthcare companies - is committed to improving the quality of human life by enabling people to do more, feel better and live longer.  For further information please visit www.gsk.com.

GSK enquiries:
UK Media enquiries:	David Mawdsley	[phone]	(London)
	Simon Steel	[phone]	(London)
	David Daley	[phone]	(London)
	Catherine Hartley	[phone]	(London)
	Sarah Spencer	[phone]	(London)
US Media enquiries:	Stephen Rea	[phone]	(Philadelphia)
	Melinda Stubbee	[phone]	(North Carolina)
	Mary Anne Rhyne	[phone]	(North Carolina)
	Sarah Alspach	[phone]	(Washington)
	Jennifer Armstrong	[phone]	(Philadelphia)
Analyst/Investor enquiries:	Ziba Shamsi	[phone]	(London)
	Tom Curry	+ 1 215 751 5419	(Philadelphia)
	Gary Davies	[phone]	(London)
	James Dodwell	[phone]	(London)
	Jeff McLaughlin	[phone]	(Philadelphia)

Cautionary statement regarding forward-looking statements GSK cautions investors that any forward-looking statements or projections made by GSK, including those made in this announcement, are subject to risks and uncertainties that may cause actual results to differ materially from those projected. Such factors include, but are not limited to, those described under Item 3.D 'Risk factors' in the company's Annual Report on Form 20-F for 2013.

Registered in England & Wales: No. 3888792

Registered Office: 980 Great West Road Brentford, Middlesex TW8 9GS

 

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