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Novartis completes acquisition of GSK oncology portfolio

March 2, 2015

Novartis completed its acquisition of GlaxoSmithKline’s oncology portfolio for an aggregate cash consideration of $16 billion, the companies announced today.

Novartis OTC and GSK Consumer Healthcare also created a joint venture known as GSK Consumer Healthcare, in which GlaxoSmithKline will maintain a 63.5% ownership share. In addition, GlaxoSmithKline acquired Novartis’ non-influenza vaccines business — excluding influenza vaccines — for an initial cash consideration of $5.25 billion.

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NIH recruits three Lasker scholars

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Industry News

Novartis completes acquisition of GSK oncology portfolio

March 2, 2015
Novartis completed its acquisition of GlaxoSmithKline’s oncology portfolio for an aggregate cash consideration of $16 billion, the companies…
Institution Notes

NIH recruits three Lasker scholars

February 28, 2015
The NIH has selected three researchers as new Lasker Clinical Research Scholars as part of a joint initiative with the Albert and Mary Lasker…
Marily Tavenner

CMS completes first week of ICD-10 end-to-end testing

February 26, 2015
The CMS concluded its first successful end-to-end testing week of the new ICD-10 coding, the agency announced in a blog post. “Testing allows…
FDA News

FDA issues final guidance on medical device data systems

February 25, 2015
The FDA’s Center for Devices and Radiological Health finalized the guidance on Medical Device Data Systems and confirmed their intention not to…
Mark Wakabayashi, MD, chief of gynecologic oncology surgery at City of Hope, does not use power morcellators. When morcellation is necessary, he does so manually to reduce risk. Cover StoryPublication Exclusive

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Meeting News Coverage

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