Pharma Is Priority As GSK Confirms Split With Consumer

Break-Up By July 2022

With CEO Emma Walmsley determined to keep investing in new technologies, GlaxoSmithKline has launched a two-year program to prepare for the separation of its pharma and consumer healthcare units into two companies.

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GSK To Split into two • Source: Shutterstock

GlaxoSmithKline PLC has begun its two-year program to split into two, creating a consumer healthcare standalone and a "biopharma company focused on science related to the immune system, use of genetics and new technologies."

There had been some conflicting messages of late regarding the future of the consumer business which GSK operates as a...

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