Glaxo strikes A 9.2bn deal to buy Novartis joint venture stake


Glaxo will snap up Novartis's 36.5% stake just a week after it pulled out of the auction for US group Pfizer's consumer healthcare business. British drugs giant GlaxoSmithKline has agreed a 13 billion US dollar deal to buy Novartis's stake in its consumer healthcare joint venture British drugs giant GlaxoSmithKline has agreed a 13 billion US dollar deal to buy Novartis's stake in its consumer healthcare joint venture.



from Biotech News