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MORRIS PLAINS, NJ-Johnson & Johnson’s much-heralded $16.6-billion acquisition of rival Pfizer’s over-the-counter product line will apparently take another twist, with the two companies occupying opposite ends of Pfizer’s sprawling campus here. According to a published report, the New Brunswick-based J&J will take over two under-construction buildings totaling nearly 700,000 sf on the eastern end of Pfizer’s campus. Spokesmen for both companies confirmed the general plan but declined further comment.

The New York City-based Pfizer, meanwhile, will continue to use the western end of the 175-acre campus, according to reports, where it has its technical center and other operations. The two buildings that J&J will apparently take over to house its now-expanded OTC product line were being built for Pfizer’s use, but that process went into a slow-down mode last year after the pharma giant announced some cost-cutting initiatives.

While a spokesman for J&J did confirm the pending arrangement, a statement issued on behalf of company chairman William Weldon indicated that final facility decisions wouldn’t be formally announced until after top management of the companies’ two consumer products operations worked out the details in the weeks ahead. A spokesman would not comment on details of the pending transaction, including possible sale of a portion of the Pfizer site to J&J. The acquisition adds such well-known brand names as Listerine, Visine, Sudafed, Zantac, Benadryl and Rolaids, among others, to J&J’s product line.

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