- Acquires GSK oncology products, strengthening Novartis’ leading Oncology business with novel therapies and becomes GSK’s preferred commercialization partner for its oncology pipeline
- Combines Novartis OTC with GSK’s consumer business in a joint venture, creating a world-leading consumer healthcare business and maintaining Novartis’ presence in in this sector
- Divests Vaccines business (excluding flu) to GSK, creating a global leader in vaccines
- In a separate transaction, divests Novartis Animal Health to Lilly
Transactions improve Novartis’ …