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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

Paul Sandle | Reuters  |  LONDON 

GlaxoSmithKline, gsk

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

First Published: Wed, December 19 2018. 12:49 IST
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