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GlaxoSmithKline Plc and Pfizer to combine consumer health businesses in JV


Devdiscourse News Desk United Kingdom
Updated: 19-12-2018 13:30 IST
GlaxoSmithKline Plc and Pfizer to combine consumer health businesses in JV

GlaxoSmithKline Plc and Pfizer Inc said they would combine their consumer health.businesses in a joint venture with sales of 9.8 billion pounds ($12.7 billion), majority owned by the British company.

GSK said on Wednesday the deal laid the foundation for the creation of two new UK-based global companies focused on Pharmaceuticals/Vaccines and Consumer Healthcare.

(With inputs from agencies.)

COUNTRY : United Kingdom

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