Tag: glaxo

BUSINESS

GlaxoSmithKline And Pfizer Combine To Offer Pain Relief Under One Roof

GlaxoSmithKline and Pfizer are merging to bring their healthcare divisions under one roof, thus creating a massive over-the-counter drug offer to customers. The combined deal will see annual sales of $12.7 billion. British-based Glaxo will own 68 percent of the joint venture, while U.S.-based Pfizer will hold the remaining 32 percent stake. The merger will bring together Glaxo’s brands such […]