GlaxoSmithKline and Pfizer to merge consumer health units

Source: Jamie Condliffe, New York Times (Paid Registration)

GlaxoSmithKline and Pfizer plan to merge their consumer-health divisions in a joint venture that the companies said would be the world’s largest maker of over-the-counter products like pain relievers, toothpastes, cold treatments, vitamins and dietary supplements.

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