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P&G, Teva Create Consumer Health Joint Venture

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November 03, 2011 AT 12:41 PM
Procter & Gamble (PG) and Teva Pharmaceutical Industries (TEVA) said today they have created a consumer health care joint venture to be called PGT Healthcare. The venture will be headquartered in Switzerland, and will operate in all markets outside of North America to develop branded over-the-counter medicine.