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  1. phil

    From Bloomberg, Apr 22, 2014, 5:12:29 AM


    April 22 (Bloomberg) — Novartis AG Chief Executive Officer Joe Jimenez talks about the agreement to buy GlaxoSmithKline Plc’s cancer-drug business for as much as $16 billion, forming a consumer-health venture with Glaxo and selling its animal-health operation to Eli Lilly & Co. for $5.4 billion.
    He speaks from Basel, Switzerland, with Mark Barton and Anna Edwards on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

    Novartis AG agreed to buy GlaxoSmithKline Plc’s cancer drugs for as much as $16 billion while selling most of the company’s vaccines division to Glaxo for $7.1 billion and its animal-health unit to Eli Lilly & Co. for $5.4 billion.

    To read the entire article, go to http://bloom.bg/1jtEv18
    Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8



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