Glaxo announces new CEO

GlaxoSmithKline's European president of pharmaceuticals has triumphed in the battle to succeed chief executive Jean-Pierre Garnier. By Graeme Wearden

Glaxo looks to launch anti-obesity drug in Europe

2.45pm: The UK could get its first ever approved over-the-counter weight loss drug after GlaxoSmithKline said today it had applied for a licence to sell a non-prescription version of Orlistat. By Marianne Barriaux.