GSK, Pfizer To Merge Consumer Healthcare Units

Fakhir Rizvi Published December 19, 2018 | 03:29 PM

GSK, Pfizer to merge consumer healthcare units

Pharmaceutical giants GlaxoSmithKline and Pfizer on Wednesday announced a merger of their consumer healthcare units that produce over-the-counter medicines.

London, (UrduPoint / Pakistan Point News - 19th Dec, 2018 ) :Pharmaceutical giants GlaxoSmithKline and Pfizer on Wednesday announced a merger of their consumer healthcare units that produce over-the-counter medicines.

GSK said it would have a 68-percent controlling equity interest in the joint venture that will have combined sales of about �9.8 billion ($12.7 billion, 10.9 billion Euros).

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