Apr 20: GSK buys Stiefel for $3.6bn

Name: Apr 20: GSK buys Stiefel for $3.6bn
Uploaded: 2009-04-20T11:34:35.000Z
Duration: PTNaNMNaNS
Channel: Financial Times
Description: Andrew Jack looks at whether Glaxo has done a good deal

GlaxoSmithKline on Monday confirmed it was to acquire Stiefel Laboratories, a US maker of skin care pharmaceuticals, for up to $3.6bn. Andrew Jack, pharmaceuticals correspondent, talks to Daniel Garrahan about what the deal is designed to do and whether it is good value for GSK.

April 20, 2009