Strategy

Nurse practitioners will perform select cosmetic dermatology treatments including cosmetic injections, dermal fillers, microdermabrasion, peels and a variety of laser services

Jack Kay, who served as the chief executive until 2014, also left the management team after 35 years at the company

A recent report from the government found that these companies are spending less than half of what was promised on research and development of new pharmaceuticals

It is expected to take three years to merge the businesses across some 100 countries

But some pharmacists are concerned the move could put smaller, independent pharmacies at a significant disadvantage