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Glaxo Keeps Alli As Recently Pruned Consumer Division Thrives

This article was originally published in The Tan Sheet

Executive Summary

GlaxoSmithKline abandons its attempt to divest the OTC weight loss aid alli, even though the beleaguered brand continues to drag down consumer division sales. The division’s sales climbed 7% excluding alli in the firm’s second quarter, but only 5% including the product’s results.

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