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GSK Sells Lucozade, Ribena, To Japan’s Suntory Beverage For $2.1 B

This article was originally published in PharmAsia News

Executive Summary

Selling its Lucozade and Ribena drink for a £1.35 billion ($2.11 billion) to Japan's Suntory Beverage & Food Ltd gives Glaxo a welcome return and a narrower focus on its consumer health operations, which together should help the British drug maker’s top objective of delivering on its late-stage pipeline.



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