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Healthcare

BRIEF-GSK Says 'Far Advanced' With Plan For Separation Of Consumer Unit

Oct 12 (Reuters) - GlaxoSmithKline PLC:

* GSK SAYS ‘GSK IS FAR ADVANCED WITH ITS PLAN FOR THE SEPARATION OF CONSUMER HEALTHCARE’

* GSK SAYS ‘PLANS TO DELIVER THE DEMERGER ARE WELL-ADVANCED AND WE ARE FIRMLY ON TRACK TO MEET OUR MID-2022 TIMELINE’

* GSK SAYS FEEDBACK FROM SHAREHOLDERS IS THAT THEY ARE VERY KEEN TO OWN NEW CONSUMER HEALTHCARE COMPANY AS LISTED ENTITY

* GSK SAYS WILL FULFIL FIDUCIARY DUTIES TO EVALUATE ANY ALTERNATIVE OPTIONS FOR CONSUMER HEALTHCARE Further company coverage:

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