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Glaxo to cut prices for poor countries

Glaxo to cut prices for poor countries

Common sense prevails… WSJ
GlaxoSmithKline PLC, the world’s second-biggest drug maker by sales, plans to cut prices in the world’s poorest countries and invest 20% of its profit from those markets into building health clinics and other infrastructure.
In a speech at Harvard Medical School on Friday, Glaxo Chief Executive Andrew Witty also proposed that drug companies, [...]