EU and South Africa conditionally clear GSK/Pfizer

Julie Masson

12 July 2019

EU and South Africa conditionally clear GSK/Pfizer

Credit: iStock/clu

The European Commission has ordered Pfizer to globally divest its ThermaCare brand to proceed with the company’s proposed €10.8 billion joint venture with GlaxoSmithKline, while South Africa’s enforcer also imposed remedies on the deal.