GSK to Reveal Drug Research Details

by Kathy Jones on  October 12, 2012 at 8:03 PM Clinical Trials News
RSS Email Print This Page Comment
British pharmaceutical giant GlaxoSmithKline has announced that it will be opening up most of its drug research details as it tries to overcome the criticism that the company is hiding important details it has gathered during the clinical trials.
 GSK to Reveal Drug Research Details
GSK to Reveal Drug Research Details

Experts have welcomed the move and expressed hope that other pharmaceutical companies will follow GSK's lead and share the data collected during drug development and clinical trials. GSK's announcement comes just three months after it has been fined more than $3 billion in the United States for suppressing safety issues relating to popular drugs like Avandia and Paxil.

The announcement was made by GSK chief executive, Andrew Witty who also added that he was confident other companies will follow the lead over the next couple of years. GSK's announcement for revealing drug research details was welcomed by Yale School of Medicine cardiologist Dr Harlan Krumholz who said that it would foster open science.

"This is a reason to celebrate a company stepping forward to make a public commitment to sharing their data at the individual patient level and fostering open science. The hope is that it would make it untenable for other companies not to follow suit", he said.

Source: Medindia

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
Notify me when reply is posted
I agree to the terms and conditions

More News on:

Drug Toxicity Clinical Trials - Different Phases of the trial Signature Drug Toxicity 

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Stay Connected

  • Available on the Android Market
  • Available on the App Store

Facebook

News Category

News Archive