I came to London to report about higher education but I stayed for the austerity.

GlaxoSmithKline CEO Andrew Witty's pay cut 46%

philly.com — Last updated: Friday, February 27, 2015, 1:08 AM LONDON - The total compensation for Andrew Witty, CEO of GlaxoSmithKline P.L.C., was reduced 46 percent last year as profits of the largest U.K. drugmaker slumped.

Pharma Drug Pipeline Flows Again yet Costs Threaten Innovation

bloomberg.com — For decades, victims of advanced melanoma had few treatment options. Most died within a year from the virulent skin cancer. Now a new generation of biotech treatments-targeting proteins that allow cancer to evade the body's own defenses-is poised to change that.

GlaxoSmithKline CEO Andrew Witty's pay cut 46%

philly.com — Posted: Thursday, February 26, 2015, 1:12 PM LONDON - GlaxoSmithKline P.L.C. Chief Executive Officer Andrew Witty's total compensation was reduced by 46 percent last year as profits of the U.K.'s largest drugmaker slumped.

Glaxo Chief Witty’s Compensation Cut 46% as Profit Declined

bloomberg.com — (Bloomberg) -- GlaxoSmithKline Plc Chief Executive Officer Andrew Witty's total compensation was reduced by 46 percent last year as profits of the U.K.'s largest drugmaker slumped. Witty's annual bonus was cut 51 percent to 917,000 pounds ($1.41 million), while his salary climbed 2.6 percent to 1.09 million pounds, helping take his total pay for 2014 to 3.9 million pounds, according to London-based Glaxo's annual report.

Medical-Device Makers Cyberonics, Sorin to Combine as U.K. Firm

bloomberg.com — (Bloomberg) -- Cyberonics Inc. and Sorin Spa, two medical device makers, agreed to combine in a stock transaction to form a company valued at $2.7 billion that will compete for lucrative hospital contracts around the globe.

Patients Choose Amputation to Replace Damaged Hands With Bionics

bloomberg.com — (Bloomberg) -- Seventeen years after losing the use of his hand in a motorcycle crash, Marcus Kemeter volunteered to have it amputated and replaced with a bionic version. "It wasn't hard for me to decide to do the operation," said Kemeter, 35, a used-car dealer in Austria.

Gay Dating Apps Become Messengers for Warnings on HIV

bloomberg.com — (Bloomberg) -- To reach young gay men about the need for HIV testing, health advocates are turning to an unconventional messenger: gay dating apps on smartphones. "The people that we are trying to reach are all on their sites," said Jen Hecht, director of program development and operations for the San Francisco AIDS Foundation.

That Glass of Merlot May Not Actually Be Good for Your Health

bloomberg.com — (Bloomberg) -- The popular belief that moderate alcohol consumption provides health benefits may be wrong, according to an analysis that debunks the idea that light drinking prevents heart disease and prolongs life. Earlier studies contained flaws that exaggerated the health benefits of booze, according to a report in the British Medical Journal.

AstraZeneca Earnings Miss Estimates as Sales of Top Drugs Slip

bloomberg.com — (Bloomberg) -- AstraZeneca Plc, the second-largest U.K. drug maker, said fourth-quarter earnings fell 33 percent as revenue declined for two of its best-selling drugs. Profit excluding certain items fell to $1.18 billion, or 76 cents a share, from $1.54 billion, or $1.23 a share, the London-based company said today in a statement.

Glaxo Sees Hope for Respiratory Drugs as Earnings Beat Estimates

bloomberg.com — (Bloomberg) -- GlaxoSmithKline Plc, the U.K.'s biggest drugmaker, reported fourth-quarter earnings that beat analyst estimates as it sold more HIV and cancer drugs. Profit excluding certain items fell 9 percent from a year earlier to 1.77 billion pounds ($2.69 billion), or 27.3 pence a share, the London-based company said in a statement.
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Feb 26, 2015

After sickly year, $GSK CEO Andrew Witty's 2014 compensation cut 46 pct (but he still made $6 mill) bloomberg.com/news/articles/…

Feb 26, 2015

For merging medical device makers $SORN and $CYBX , bigger is better. My story: bloomberg.com/news/articles/…

Feb 26, 2015

Stories that include the phrase "adding additional waffle capacity" are awesome. h/t @bizboyle bloomberg.com/news/features/…

Feb 25, 2015

For Marcus Kemeter, choosing to amputate his arm was an easy decision. My story about a medical breakthrough: bloomberg.com/news/articles/…

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