Novartis/GSK Cancer Deal Gets FTC OK Based On Existing Divestments

Novartis’ transfer of Phase III BRAF and MEK inhibitors to partner Array BioPharma satisfies Federal Trade Commission’s anticompetitive concerns; no divestiture yet announced for GSK acquisition of Novartis [W#201420152]vaccines.

Novartis AG’s transfer of Phase III BRAF and MEK inhibitor drugs to partner Array BioPharma Inc. will clear the way for its acquisition of GlaxoSmithKline PLC’s oncology portfolio.

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