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GSK buys some AstraZeneca OTC products for $253mm

Executive Summary

AstraZeneca has sold a group of its OTC drugs to GlaxoSmithKline Consumer Healthcare for $253mm in cash, getting more than five times what the portfolio achieved in 2007 sales. AZ's AZ Tika division currently markets these products.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • OTC, Consumer
Deal Status
  • Final
Deal Type
  • Alliance
    • Product Purchase

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