24 February 2015Americas

Novartis, FTC agreement paves way for $16bn buyout of GSK’s cancer unit

Swiss pharmaceutical company Novartis can buy London-based GlaxoSmithKline’s (GSK) portfolio of cancer drugs after it agreed to meet certain conditions set by the US Federal Trade Commission (FTC), the agency has said.

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Novartis, FTC agreement paves way for $16bn buyout of GSK’s cancer unit

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