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New GlaxoSmithKline CEO Pulling Back On Predecessor’s Expansion Plans For Africa

Reuters: Drugmaker GSK cuts back in Africa to hone emerging markets model
“GlaxoSmithKline is cutting back operations in Africa as its new Chief Executive Emma Walmsley seeks to make the British drugmaker more competitive in emerging markets by ditching her predecessor’s expansion plans for the continent…” (Hirschler, 1/17).