Company type | Public limited company |
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ISIN | GB00BMX86B70 |
Industry | |
Predecessors | |
Founded | 18 July 2022 |
Headquarters | Weybridge, England, United Kingdom |
Area served | Worldwide |
Key people |
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Products |
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Brands | |
Revenue | £11,302 million (2023) [1] |
£1,996 million (2023) [1] | |
£1,111 million (2023) [1] | |
Total assets | £34,055 million (2023) [1] |
Total equity | £16,729 million (2023) [1] |
Number of employees | 24,000 (2023) [2] |
Website | www |
Haleon plc is a British multinational consumer healthcare company with headquarters in Weybridge, England. [3] It is one of the largest consumer healthcare businesses in the world, with brands including Sensodyne toothpaste, Panadol and Advil painkillers, and Centrum vitamins. [4] The company was projected to be a global leader in over the counter medicines with a 7.3 percent market share in 2022. [5]
Haleon was established on 18 July 2022 as a corporate spin-off from GSK. [6]
Sir Dave Lewis is chairman, with Brian McNamara as CEO. [7] Haleon is listed on the London Stock Exchange and is a component of the FTSE 100, with a secondary listing on the New York Stock Exchange. Annual sales amounted to around £10 billion across 120 markets in 2020. [5]
GSK and Pfizer merged their consumer healthcare businesses in 2019. [8] [9] GSK owned just over two thirds of the joint venture, and Pfizer held the remainder. [8]
GSK announced plans to spin off Haleon in 2018, in order to give the "tired drugmaker extra focus and firepower by gearing up and hiving off the consumer division". [10]
Unilever offered £50 billion for the business in 2022, in a bid which GSK rejected. [11] Nestlé examined the possibility of a bid in conjunction with Reckitt. [12]
In October 2023, GSK reduced its ownership share in Haleon to just over 7.4%, [13] and again in January 2024 down to 4.2%. [14]
The Lamisil antifungal brand was sold to Karo Healthcare AB for £235 million in August 2023; the transaction was completed in November 2023. [15] [16]
The ChapStick lip care brand was sold to Yellow Wood Partners for £401 million in 2024. [17]
In March 2024, Pfizer reduced its stake in Haleon from 32% to 24% by selling 630 million shares in a public offering. [18]
In April 2024 Haleon announced that it planned to close its factory in Maidenhead. [19] Toothpaste manufacturing would be relocated to Slovakia, with mouthwash production outsourced to a third-party. [20]
In September 2024, the company completed the sale of its non-US Nicotine Replacement Therapy business to Dr. Reddy's Laboratories in a deal worth £458 million. [21]
Oral health accounted for 28.5 percent of revenue in 2021. [22]
Brands include: [23]
Ribena is a brand of blackcurrant-based soft drink, and fruit drink concentrate designed to be mixed with water. It is available in bottles, cans and multi-packs. Originally of English origin, it was produced by the pharmaceutical company GlaxoSmithKline (GSK) until 2013, when the brand was sold to Japanese beverage conglomerate Suntory.
GSK plc is a British multinational pharmaceutical and biotechnology company with headquarters in London. It was established in 2000 by a merger of Glaxo Wellcome and SmithKline Beecham, which was itself a merger of a number of pharmaceutical companies around the Smith, Kline & French firm.
Horlicks is a British sweet malted milk hot drink powder developed by founders James and William Horlick. It was first sold as "Horlick's Infant and Invalids Food", soon adding "aged and travellers" to their label. In the early 20th century, it was sold as a powdered meal replacement drink mix.
Advil is primarily a brand of ibuprofen. Advil has been called a "megabrand" because it offers various "products for a wide range of pain, head cold, and sleep problems."
ChapStick is a brand name of lip balm owned by Suave Brands Company and is used in many countries worldwide. It is intended to help treat and prevent chapped lips, hence the name. Many varieties also include sunscreen to avoid sunburn.
Liniment, also called embrocation and heat rub, is a medicated topical preparation for application to the skin. Some liniments have a viscosity similar to that of water; others are lotion or balm; still, others are in transdermal patches, soft solid sticks, and sprays. Liniment usually is rubbed into the skin, which the active ingredients penetrate.
Cefuroxime axetil, sold under the brand name Ceftin among others, is a second generation oral cephalosporin antibiotic.
Chattem, Inc. is an American, Chattanooga, Tennessee-based, producer and marketer of over-the-counter healthcare products, toiletries, dietary supplements, topical analgesics, and medicated skin care products. Originally named the Chattanooga Medicine Company, the company’s brand portfolio holds twenty-two brands including Allegra, Gold Bond, Flexall, IcyHot, Rolaids, Sun-In, Pamprin, Dexatrim, Aspercreme, and Selsun Blue. The company produces two-thirds of its products at its Chattanooga production facilities with the remaining produced by third-party producers. The company is a subsidiary of the French multinational pharmaceutical company Sanofi.
Actifed is a registered trademark for a combination antihistamine and nasal decongestant medication used for cold and allergy symptoms. Actifed was developed in 1958 by Burroughs Wellcome & Company, later Haleon.
Emergen-C is an effervescent, powdered drink mix vitamin supplement manufactured by Alacer Corp. The Emergen-C product line was introduced in 1978. Alacer was established as a private company in 1972, focusing on vitamin supplements containing vitamin C. The company was acquired by Pfizer in 2012. In 2019, Pfizer consumer healthcare entered a joint venture with GSK. The brand is owned by Haleon since 18 July 2022.
Caltrate is a brand name calcium supplement sold by Haleon.
Sensodyne is a brand name of toothpaste and mouthwash targeted at people with sensitive teeth. Sensodyne is owned by Haleon and is marketed under the name Shumitect in Japan.
Centrum is an American brand of multivitamins produced by Haleon. It was designed by Dr. Ellenbogen's team, working at Lederle Laboratories, and was introduced in 1978. It has been owned by Wyeth, Pfizer, GSK., and now Haleon.
Imedeen is a beauty supplements company that sells nutricosmetics. It was developed in the 1980s by the Swedish biochemist Ake Dahlgren. The brand is owned by Haleon and headquartered in Brentford, Hounslow a suburb in the United Kingdom.
Wyeth Pharmaceuticals Inc. was a pharmaceutical company until it was purchased by Pfizer in 2009. The company was founded in Philadelphia, Pennsylvania, in 1860 as John Wyeth and Brother. Its headquarters moved to Collegeville, Pennsylvania, and Madison, New Jersey, before its headquarters were consolidated with Pfizer's in New York City after the 2009 merger.
The pharmaceutical industry in Pakistan was estimated to be worth Rs. 748 billion (US$2.6 billion) in 2023, representing about 1% of the country's GDP. The industry is largely import-dependent, with more than 90% of raw material being imported and only 12% of APIs locally produced. Pakistani pharmaceutical companies are engaged in importing raw materials, compounding APIs with excipients, coating of pills, and fill-finish activities. The industry is regulated by the Drug Regulatory Authority of Pakistan, which oversees drug approvals and pricing.
Ibuprofen/paracetamol, sold under the brand name Combogesic among others, is a fixed-dose combination of two medications, ibuprofen, a non-steroidal anti-inflammatory drug (NSAID); and paracetamol (acetaminophen), an analgesic and antipyretic. It is available as a generic medication.
Dame Emma Natasha Walmsley is the chief executive officer (CEO) of GSK plc. She succeeded Sir Andrew Witty, who retired in March 2017. Before GSK, she worked for L'Oréal for 17 years, and was a non-executive director of Diageo until September 2016. She grew up in Barrow-in-Furness, Cumbria, England.
A respiratory syncytial virus vaccine, or RSV vaccine, is a vaccine that protects against respiratory syncytial virus. RSV affects an estimated 64 million people and causes 160,000 deaths worldwide each year.