Pharma Deals Review, Vol 2009, No 4 (2009)

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GSK and Pfizer Join Forces to Create New HIV Firm

Taskin Ahmed

Abstract


GlaxoSmithKline and Pfizer have agreed to pool their resources in HIV to create a new specialist company that will hold 19% of the market for HIV treatments. The two companies said that it will be more sustainable and broader in scope than either company's individually. GSK will have an 85% stake in the joint venture and Pfizer will have 15%.




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