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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Glaxo and Novartis to swap assets in major three-part deal

6:42 AM MDT | April 25, 2014 | —Natasha Alperowicz

GlaxoSmithKline (GSK) has announced a major, three-part transaction with Novartis involving its consumer health-care, vaccines, and oncology businesses. GSK and Novartis, as part of the transaction, will create a world-leading, consumer health-care joint venture with 2013 pro forma revenues of £6.5 billion ($10.9 billion)....

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