Pfizer, GlaxoSmithKline To Team Up To Form World’s Largest Seller Of Over-The-Counter Staples Like Advil

GSK will hold a 68 percent stake and Pfizer the remaining 32 percent of the new joint venture, which will be the world’s largest over-the-counter medicines business. The move will represent a breakup of GSK, which currently generates around a quarter of its revenue from such consumer products, according to The Wall Street Journal.

from Kaiser Health News https://ift.tt/2ECRbsI