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FTC Finalizes Novartis Nicotine Patch Divestiture Deal

By Aaron Vehling (January 20, 2015, 2:38 PM EST) -- The Federal Trade Commission on Tuesday issued its final approval of a consumer health products joint venture between Novartis AG and GlaxoSmithKline PLC, after Novartis agreed to divest its Habitrol line of nicotine patches in order to assuage concerns the deal was anti-competitive....

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