Pfizer’s parent company -- Pfizer Inc., USA, and GlaxoSmithKline pie have entered into an agreement to create a premier global consumer healthcare company. The Boards of Directors of both companies have unanimously approved the transaction under which Pfizer will contribute its consumer healthcare business to GlaxoSmithKline’s existing consumer healthcare business.
Pfizer Inc. USA that the portfolio of this Joint Venture Company will not include the brands Corex, Gelusil and Becosules. These brands will continue to be marketed by Pfizer in India.
Pfizer has produced innovative breakthroughs in a wide range of research areas, including depression, erectile dysfunction, high cholesterol, HIV infection, hypertension, bacterial infections and systemic fungal infections.
