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Slaughter and May, as an integrated team with Cleary Gottlieb Steen & Hamilton, is advising GlaxoSmithKline (GSK) on the acquisition of the Egyptian mature products business of Bristol Myers Squibb for $210 million (£125 million). As a result of the acquisition, GSK will become the leading pharmaceutical company in Egypt with a market share of approximately 9%. GSK will acquire 20 branded produces that occupy leading market positions in four therapeutic disease areas in Egypt. The acquisition was announced on 15 October, 2008. David Johnson (partner), Chris McGaffin (associate); Intellectual Property: Miles McCarthy (associate) Cleary Gottlieb Steen & Hamilton, London: Sebastian Sperber (partner), Evan Schwartz (associate), Keele (associate)
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