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OTC market: a new global leader?
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OTC market: a new global leader?

GlaxoSmithKline (GSK) and Pfizer, global pharmaceutical companies, will join forces. In mid-2019, a joint venture will be established, whose main area of operation will be the OTC market (over-the-counter products). GSK will have a majority share in the new venture – 68%. Pfizer will receive 32% of the shares. Their portfolio will include OTC drugs…