GlaxoSmithKline, Pfizer to combine consumer health businesses in JV
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
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GSK’s assets include the popular malt-based drinks Horlicks and Boost
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.
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First Published: Dec 19 2018 | 12:49 PM IST
