(Reuters) - GlaxoSmithKline is feeling the heat from the rapid growth in electronic cigarettes, with enthusiasm for the nicotine delivery devices dampening sales of the British drugmaker's patches and gum, its chief executive said.
In an interview with Reuters, Andrew Witty also said he and his team had spent "a few days" exploring whether the drugmaker should compete directly by becoming an e-cigarette maker, but had swiftly decided against it.
"We've decided we're not going to play. We've consciously had a think about it but we're not going to play," Witty said.
Help employers find you! Check out all the jobs and post your resume.
In an interview with Reuters, Andrew Witty also said he and his team had spent "a few days" exploring whether the drugmaker should compete directly by becoming an e-cigarette maker, but had swiftly decided against it.
"We've decided we're not going to play. We've consciously had a think about it but we're not going to play," Witty said.
Help employers find you! Check out all the jobs and post your resume.