News
18 Apr 2011
GSK To Shed Non-core OTC Products
GSK will divest non-core OTC brands for its Consumer Healthcare business around a portfolio of priority brands and emerging markets.
GSK plans to divest non-core OTC brands in an effort to focus on its Consumer Healthcare business around a portfolio of priority brands and emerging markets. The company's focus will be on three categories: Oral Health, Wellness/OTC and Nutrition, with brands such as Sensodyne, Panadol and Horlicks.
The products to be divested are primarily sold in Europe and the U.S.. They include analgesics such as Solpadeine, BC and Goody’s, vitamin and supplement product Abtei, feminine hygiene treatment Lactacyd, and alli for weight management. These products accounted for approximately 10% or $807 million of GSK’s total Consumer Healthcare sales in 2010. The company hopes to divest the products by late 2011.
The company also plans to sell it
The company also plans to sell it
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