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Nigerians struggle to find medication after GSK pull-out

The Guardian - Pharmaceutical Industry

Asthma sufferers among those rationing drugs amid shortages and high prices after the pharmaceutical company ceased business in Nigeria this year Salamat Olashile takes a tablet from a white-and-green sachet. Five minutes later, her breathing is still laboured. “It It will soon come down,” she says. Continue reading.

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Novartis looking into future of its Sandoz’ generics business

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The company said in its third-quarter results statement that it was weighing options for Sandoz to “maximise shareholder value,” adding that could include retaining the business or a separation – which could involve a spin-off or outright sale.

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GSK names McNamara as CEO of consumer health spinout

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GlaxoSmithKline has said that Brian McNamara – currently head of its three-year-old consumer health joint venture with Pfizer – will retain the top job at the business after it is hived off into a separate company next year. The appointment, which had been expected, was confirmed in a statement by GSK’s board today.

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GSK rejects $68.4bn Unilever bid for consumer health

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GlaxoSmithKline (GSK) claims it has rejected three unsolicited, conditional and non-binding proposals from Unilever to acquire GSK Consumer Healthcare in a deal worth approximately $68.4 The Consumer Healthcare business is a Joint Venture between GSK and Pfizer, with GSK holding a majority controlling interest of 68% and Pfizer 32%.

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Pfizer will exit GSK consumer health JV after spinout

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GlaxoSmithKline is due to complete the split from its consumer health decision – now renamed Haleon – next month, with a listing for the new company on the London Stock Exchange set for 18 July. GSK rejected a £50 billion Unilever bid for the consumer health business in January, saying it undervalued the unit.

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Bobbitt promoted to strategy director role at The Bloc

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She will oversee the strategy for several clients, and she’ll manage a team that works across all business units in order to ensure The Bloc’s competitive differentiation is present for each client. Antoinette earned a BS from Georgetown University and an MBA from the Fordham University Graduate School of Business in New York City.

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Ipsen plans sale of consumer health business for €350m

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Ipsen has started exclusive negotiations that could see its global consumer health business sold to fellow French pharma company Mayoly Spindler later this year. Ipsen’s specialty pharma business grew almost 13% to €2.6 The post Ipsen plans sale of consumer health business for €350m appeared first on. billion last year.

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