Big Pharma Braces for M&A Wave - Presented by: The Aol. On Network

A flurry of pharma activity - and rumour. Confirmed - deals between Novartis, GlaxoSmithKline and Eli Lilly. The Swiss drugmaker's transforming its business by exchanging some assets with GSK, and divesting its animal health business to Eli Lilly - in deals worth billions. Novartis is paying $14.5 billion for GSK's oncology products and sold GSK its business of vaccines, except flu, for over $7 billion.



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