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

GlaxoSmithKline, gsk — GSK’s assets include the popular malt-based drinks Horlicks and Boost

Last Updated : Dec 19 2018 | 2:13 PM IST

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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