Firms cash in on GSK JV with Novartis

Partners at Linklaters and Freshfields Bruckhaus Deringer are among the 500 lawyers to have cashed in on the billion-dollar joint venture between Novartis and GlaxoSmithKline (GSK), The Lawyer reported. The pharmaceutical giants will swap assets as part of the deal, with GSK acquiring Novartis’ global vaccines unit, excluding its flu division, for USD7.1bn. Novartis will take on GSK’s cancer drugs...
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