LONDON | GSK, Pfizer to merge their healthcare divisions

LONDON | GSK, Pfizer to merge their healthcare divisions LONDON  — Drugmakers GlaxoSmithKline and Pfizer are merging their healthcare divisions, creating a business with combined sales of 9.8 billion pounds ($12.7 billion). British-based Glaxo will own 68 percent of the joint venture, while U.S.-based Pfizer will
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