Posts Tagged ‘market dominance’

Giant Pharma Companies Glaxo and Pfizer Merge to Develop AIDS Drugs

Saturday, April 18, 2009 15:01 By GSerrano

In a new agreement, giant pharmaceutical multinationals GlaxoSmithKline Plc and Pfizer Inc., the two leading developers of AIDS drugs, set up a joint company to develop drugs against HIV. This new company will hold nearly a fifth of the market for treatments against the virus. Glaxo will initially have an 85 percent stake in the [...]

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