Industry News - Tag: GlaxoSmithKline
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13 October 2021
GlaxoSmithKline (GSK) has named the location of new global headquarters for its Consumer Healthcare business following the planned separation in 2022. The news came as media reports suggested several private-equity firms were interested in acquiring the business.
2 August 2021
E-commerce accounts for around 7% of GlaxoSmithKline (GSK) Consumer Healthcare’s total sales, according to chief executive officer Brian McNamara, but the business is “underdeveloped” compared to its industry peers in the vitamins, minerals and supplements (VMS) category.
5 July 2021
GlaxoSmithKline (GSK ) will “evaluate any alternative options for Consumer Healthcare that may arise”, according to the company’s board, which says it is close to appointing a chief executive officer designate for the business ahead of the proposed separation.
24 June 2021
GlaxoSmithKline (GSK) has confirmed plans to demerge its Consumer Healthcare business in mid 2022. The company says New Consumer Healthcare will have 20 brands each with sales in excess of GBP100 million (USD140 million).