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GlaxoSmithKline's OTC Garage Sale Includes alli, FiberChoice

This article was originally published in The Tan Sheet

Executive Summary

GlaxoSmithKline includes the alli weight-loss brand in its planned divestment of international OTCs worth about $813 million in 2010 sales, or 10% of the firm's total Consumer Healthcare business.

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Omega Pharma Acquires Six Glaxo OTC Brands, But Alli Lingers

Omega Pharma will pay $619 million for GSK’s Lactacyd feminine wash products, Abtei supplements, Solpadeine analgesics, Zantac antacid, Nytol sleep aids and the allergy drug Beconase. The deal is part of Glaxo’s plan to simplify its consumer business by selling 19 OTC brands.

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