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GSK and Novartis complete deals

2015-03-02 10:19:04| Biotech - Topix.net

GlaxoSmithKline and Novartis said on Monday they had completed a series of asset swaps worth more than $20 billion that will reshape both drugmakers. GSK is forming a consumer health joint venture with Novartis, while at the same time buying the Swiss company's vaccines business and divesting its cancer drugs portfolio to Novartis.

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Category:Biotechnology and Pharmaceuticals

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