2:56 (Dow Jones) UK's Medicines and Healthcare Products Regulatory Agency weighs in on debate over safety of GlaxoSmithKline's (GSK) Avandia diabetes drug. "In view of the evidence of cardiovascular risk with [Avandia] our advice to healthcare professionals is to closely observe the current contraindications, warnings and precautions and monitoring requirements, and to consider alternative treatments where appropriate," reads statement posted on agency website. GSK off a fraction at $36.41. ([email protected]) Call us at (212) 416-2180 or email [email protected] Visit the Market Talk blog at www.djnmarkettalk.com (END) Dow Jones Newswires July 26, 2010 14:56 ET (18:56 GMT)