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GlaxoSmithKline Plans More Savings as Flu Windfall Dwindles; Plans to Reduce Investment in Some Areas and Cut More Infrastructure Costs and Jobs
February 4, 2010
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1 min read
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Reuters -- GlaxoSmithKline Plc is to cut more costs and exit some areas of research in the face of tough generic competition, as a temporary boost from swine flu that buoyed fourth-quarter profits starts to dwindle.
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