GSK Takes Back Control of Korean OTCs To Combine With Pfizer Megabrands

GSK is set to regain the rights to a portfolio of OTC brands in South Korea which it will combine with Pfizer megabrands such as Advil and Centrum to create a sizable consumer health footprint in the country.

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GlaxoSmithKline PLC is poised to take back control of some of its biggest OTC brands in South Korea as part of a portfolio review triggered by the launch of its consumer healthcare joint venture with Pfizer Inc..

The UK-based firm has terminated ahead of schedule a sales and distribution deal with Dongwha Pharmaceutical in a move which...

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