Pfizer grants trademark license to Johnson

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New Delhi, Dec 31 (UNI) Leading pharma company Pfizer Ltd today said its Board has approved the transfer of the exclusive license of the trademarks of its drugs to Johnson&Johnson Ltd, for Rs 214.85 crores.

''The trademarks relating to Benadryl, Caladryl, Benylin and Listerine and certain assets are covered in the agreement,'' a comapny statement said.

The Board has also granted its approval for providing Johnson&Johnson Ltd with certain transitional services and executed a Transitional Services Agreement as well.

UNI

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