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Drugmaker GSK Merges With Pfizer, Splits Into Two Businesses

Video Credit: Wochit - Duration: 00:37s - Published < > Embed
Drugmaker GSK Merges With Pfizer, Splits Into Two Businesses

Drugmaker GSK Merges With Pfizer, Splits Into Two Businesses

Reuters reports GlaxoSmithKline plans to split into two businesses — one for prescription drugs and vaccines, the other for over-the-counter products.

This comes after forming a new joint venture with Pfizer’s consumer health division.

The revamp is the boldest move yet by GSK Chief Executive Emma Walmsley, who took over last year.

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