Undertaking date

Undertaking type

s.87B undertaking

Reference number

D00/41219

Section

s. 50

Company or individual details

  • Name

    SmithKline Beecham Australia Pty Ltd

    ACN

    008 399 415

Undertaking

After conducting market inquiries, the Commission determined that the merger between SmithKline Beecham (Australia) Pty Ltd and Glaxo Wellcome Ltd, to form Glaxo SmithKline plc, would not substantially effect competition, provided that certain Undertakings be provided by SmithKline Beecham to the ACCC.

The Undertaking provides that SmithKline Beecham will sell its Famvir product to Novartis AG in the event that the merger proceeds.