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Omega Pharma Acquires Six Glaxo OTC Brands, But Alli Lingers

This article was originally published in The Tan Sheet

Executive Summary

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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