With Shrinking Market Share, GSK Sells Augmentin, Amoxil U.S. Rights To Dr. Reddy's, Along With Tennessee Manufacturing Site
This article was originally published in PharmAsia News
Executive Summary
MUMBAI - Acting on the strategy of hiving off late-stage brands and non-core assets, GlaxoSmithKline Pharma has sold its once marquee anti-bacterial Augmentin and Amoxil brand rights in the U.S. to India's Dr. Reddy's Labs for an undisclosed sum
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A regular roundup of commercial stories appearing in Scrip’s sister publication PharmAsia News, whose multilingual team of regional experts provides authoritative business intelligence focused on the Asian marketplace. Full stories can be accessed by clicking on the story title (subscription required).