GSK and Pfizer joint venture creates new consumer healthcare giant

A picture of the GSK logo

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Enlarged GSK consumer health will have largest market share of any firm and be a leader in key countries

A new $9.8 billion (£7.7 billion) consumer health business has been created by GlaxoSmithKline (GSK) and Pfizer. The joint venture brings together the consumer brands of Pfizer and GSK to make it a global leader in over-the-counter products.