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GlaxoSmithKline files its arguments to Supreme Court of Canada

September 19, 2011

GlaxoSmithKline (GSK) has filed its case facts with the Supreme Court of Canada refuting arguments made by the Crown in this precedent-setting transfer pricing case, involving the price of the active ingredient used to make the drug sold under the brand name Zantac.

The Canada Revenue Agency had assessed GSK on the grounds that the price paid for the active ingredient was significantly higher than generic counterparts.

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