Haleon

British multinational consumer healthcare company

Haleon

Company type| Public limited company

Traded as

* LSE: HLN
* NYSE: HLN
* FTSE 100 component

ISIN| GB00BMX86B70
Industry|

* Healthcare
* Consumer goods

Predecessors|

* GSK Consumer Healthcare
* Pfizer Consumer Healthcare(2nd Incarnation)
* Wyeth Consumer Healthcare
* Novartis Consumer Healthcare

Founded| 18 July 2022; 2 years ago (2022-07-18)
Headquarters| Weybridge, England, United Kingdom

Area served

| Worldwide

Key people

* Sir Dave Lewis (chairman)
* Brian McNamara (CEO)

Products|

* Oral hygiene and medicines
* nutritional products
* over-the-counter medicines

Brands|

* Actifed
* Advil
* Aquafresh
* Beechams
* Biotene
* Caltrate
* Centrum
* Contac
* Emergen-C
* Eno
* Excedrin
* Fenbid
* Fenistil
* Flonase
* Foodles
* Loviscol
* Maclean
* Nexium
* Nicorette
* Nicotinell
* Odol
* Otrivin
* Panadol
* Parodontax
* Polident
* Sensodyne
* Theraflu
* Tums
* Voltaren

Revenue|  £11,233 million (2024)[1]

Operating income

|  £2,206 million (2024)[1]

Net income

|  £1,475 million (2024)[1]
Total assets|  £34,315 million (2024)[1]
Total equity|  £16,224 million (2024)[1]

Number of employees

| 24,000 (2024)[2]
Website| www.haleon.com

Haleon 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]

## History

[edit]

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 2022, in order to give the "tired drugmaker extra focus and firepower by gearing up and hiving off the consumer division," according to Reuters.[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]

In March 2025, Pfizer sold its entire stake in Haleon for approximately £2.5 billion ($3.24 billion), marking its complete exit from the consumer healthcare firm it helped create through its 2019 joint venture with GSK.[22][23][24]

## Operations

[edit]

Oral health accounted for 28.5 percent of revenue in 2021.[25]

## Brands

[edit]

A selection of Aquafresh toothpaste and toothbrushes produced by Haleon

### Current

[edit]

Brands include:[26]

* Abreva (Docosanol)
* Advil (Ibuprofen)
* alli (Orlistat)
* Anadin (pain relief)
* Aquafresh (oral healthcare)
* Astring-o-Sol (oral healthcare)
* Be-Total (leader in vitamins market in Italy)
* Beechams Cold & Flu and Night/Day Nurse (cold and flu treatments)
* Biotene (oral healthcare)
* Boost (nutritional)
* Breathe Right (respiratory)
* Centrum (vitamins and naturals)
* Cetebe (vitamins and naturals)
* Chlorhexamed (oral healthcare)
* Cholinex (analgesics and respiratory tract)
* Citrucel (gastrointestinal)
* Coldrex (cold and flu treatment)
* Commit Lozenge (smoking cessation)
* Committed Quitters (nicotine replacement)
* Corega (oral healthcare)
* Corsodyl (oral healthcare)
* Crocin (analgesics and respiratory tract)
* Dr. Best (oral healthcare)
* Emergen-C
* ENO (gastrointestinal)
* Eumovate (dermatological)
* Excedrin
* Fenistil
* Fenbid (analgesics and respiratory tract)
* Flonase (fluticasone propionate)
* Foodles (noodles), origin: India
* Formigran (analgesic/triptan)
* Grand-PA (headache/toothache/pain and fever)
* Hinds (dermatological)
* Imedeen
* Iodex (pain relief)
* Iodosan (cold and flu treatment)
* Junior Horlicks (nutritional)
* Loviscol (cough suppressant)
* Macleans (oral healthcare)
* Maltova (nutritional)
* Maxinutrition (nutritional)
* Med-Lemon (hot, cold and flu medication)
* Medacalm (vitamins and naturals)
* Nexium Control (esomeprazole)
* Nicorette (nicotine replacement)
* Night Nurse (cold and flu remedy)
* NiQuitin CQ/ Nicoderm CQ/ Nicabate (nicotine replacement)
* Odol (oral healthcare)
* Odol-med3 (oral healthcare)
* Os-cal (oral healthcare)
* Otrivin/Otrivine (xylometazoline)
* Panadeine (analgesics and respiratory tract)
* Panadol/Panodil (analgesics and respiratory tract)
* Parodontax (oral healthcare)
* Piriton/Piriteze/Pirinase (anti-allergy)
* Polident (oral healthcare)
* Poligrip Ultra (oral healthcare)
* Robitussin (respiratory)
* Rutinoscorbin (vitamins and naturals)
* Scott's Emulsion (vitamins and naturals)
* Sensodyne (oral healthcare)
* Shumitect (oral healthcare)
* Solpadeine (analgesics and respiratory tract)
* Super Poligrip (oral healthcare)
* Super Wernet's (oral healthcare)
* Synthol (oral healthcare)
* Theraflu (Respiratory)
* Tums (gastrointestinal)
* Viva (vitamins and naturals), origin: Nepal
* Voltaren/Voltarol (anti inflammatory)
* Zovirax (dermatological)

### Divested

[edit]

* ChapStick (sold to Yellow Wood Partners in 2024)
* Lamisil (terbinafine) (sold to Karo Healthcare in 2023)
* Nicotinell (sold to Dr Reddy's Laboratories in 2024)

## References

[edit]

1. ^ a b c d e "Annual results 2024" (PDF). Haleon. Retrieved 27 February 2025.
2. ^ "Sensodyne-maker Haleon to shut UK plant, 435 jobs to go". Reuters. 30 April 2024. Retrieved 9 February 2025.
3. ^ "GSK announces independent Consumer Healthcare company is to be called Haleon | GSK". www.gsk.com. 22 February 2022. Archived from the original on 21 February 2023. Retrieved 21 February 2023.
4. ^ Ralph, Alex (2 July 2022). "GlaxoSmithKline prepares to get back to basics with historic break-up". The Times. Archived from the original on 5 August 2023. Retrieved 4 July 2022.
5. ^ a b Cornell, Joe (15 July 2021). "GlaxoSmithKline To Spin-Off Consumer Healthcare Business By Mid-2022". Forbes. Archived from the original on 11 February 2023. Retrieved 10 June 2022.
6. ^ "Prospectus" (PDF). GSK plc. p. 15\. Archived from the original (PDF) on 1 June 2022. Retrieved 10 June 2022.
7. ^ Kleinman, Mark (3 May 2022). "GSK's £45bn Panadol and Sensodyne-maker Haleon in talks to hire banks". Sky News. Archived from the original on 11 February 2023. Retrieved 10 June 2022.
8. ^ a b Shane, Daniel (19 December 2018). "Advil meet Excedrin: Pfizer and GSK are merging their consumer healthcare businesses". CNN. Archived from the original on 6 June 2023. Retrieved 10 June 2022.
9. ^ "Haleon Won't Indemnify Pfizer, GSK Over Zantac. Shares Are Up". Barron's. 20 September 2022. Archived from the original on 10 November 2022. Retrieved 17 December 2022.
10. ^ Donnellan, Aimee (9 June 2022). "GSK castoff starts life with target on its back". Reuters. Archived from the original on 22 September 2022. Retrieved 10 June 2022.
11. ^ Jolly, Jasper (19 January 2022). "Unilever will not increase £50bn offer for GSK consumer arm". The Guardian. Archived from the original on 18 October 2022. Retrieved 10 June 2022.
12. ^ "Nestle Eyed Biggest-Ever Deal in Aborted Move for GSK Unit". Bloomberg News. 25 May 2022. Archived from the original on 30 April 2023. Retrieved 10 June 2022.
13. ^ "GSK raises $1.1 billion from Haleon stake sale". Reuters. 6 October 2023. Archived from the original on 7 October 2023. Retrieved 9 October 2023.
14. ^ "GSK raises $1.24 bln from latest Haleon stake sale". Reuters. 17 January 2024. Retrieved 18 January 2024.
15. ^ Healthcare, Karo (2 August 2023). "Karo Healthcare acquires the Global OTC brand Lamisil® from Haleon". Karo Healthcare. Archived from the original on 5 June 2024. Retrieved 5 June 2024.
16. ^ Healthcare, Karo (1 November 2023). "Karo Healthcare completes the acquisition of the rights to the Global OTC brand Lamisil® from Haleon". Karo Healthcare. Archived from the original on 5 June 2024. Retrieved 5 June 2024.
17. ^ Williams, Holly (25 January 2024). "Haleon offloads ChapStick lip balm brand in £401m deal". The Standard. Archived from the original on 20 February 2024. Retrieved 20 February 2024.
18. ^ "Pfizer to cut stake in Sensodyne toothpaste-maker Haleon to 24%". Yahoo Finance. 18 March 2024. Archived from the original on 19 March 2024. Retrieved 19 March 2024.
19. ^ Briant, Nathan (30 April 2024). "Sensodyne maker set to cut 435 jobs". BBC News. Archived from the original on 8 May 2024. Retrieved 8 May 2024.
20. ^ Mathews, Eva (30 April 2024). "Sensodyne-maker Haleon to shut UK plant, 435 jobs to go". Reuters. Retrieved 8 May 2024.
21. ^ "Dr Reddy's Laboratories completes acquisition of Haleon's NRT portfolio". Press Trust of India. Business Standard. 30 September 2024. Archived from the original on 29 October 2024. Retrieved 25 November 2024.
22. ^ "Pfizer sells entire Haleon stake for $3.24 billion". Reuters.
23. ^ "Pfizer sells entire Haleon stake for £2.5 billion". 19 March 2025. `{{cite journal}}`: Cite journal requires `|journal=` (help)
24. ^ Desk, Monitoring (19 March 2025). "Pfizer offloads Haleon shares in $3.24 billion deal". Profit by Pakistan Today. Retrieved 20 March 2025. `{{cite web}}`: `|last=` has generic name (help)
25. ^ "Update: Proposed demerger of the Consumer Healthcare business from GSK to form Haleon". GSK. 6 January 2022. Archived from the original on 29 March 2023. Retrieved 10 June 2022.
26. ^ "Our Consumer Healthcare Brands". Haleon. Archived from the original on 2 August 2023. Retrieved 19 July 2022.

## External links

[edit]

* Official website
* Business data for Haleon:

* Reuters
* SEC filings
* Yahoo!

* v
* t
* e

Haleon

Brands|

* Actifed
* Advil
* Alinamin
* Aquafresh
* Biotene
* Caltrate
* Centrum
* ChapStick
* Contac
* Emergen-C
* Eno
* Excedrin
* Fenbid
* Fenistil
* Flonase
* Macleans
* Nexium
* Nicorette
* Nicotinell
* Otrivin
* Panadol
* Parodontax
* Polident
* Sensodyne
* Theraflu
* Tums
* Voltaren

People|

* Dave Lewis (Chairman)
* Brian McNamara (CEO)

Related|

* GSK
* Pfizer

* Category

* v
* t
* e

GSK

Subsidiaries|

| Current|

* GlaxoSmithKline Pakistan
* GlaxoSmithKline Pharmaceuticals Ltd
* Stiefel Laboratories
* Tesaro
* ViiV Healthcare (85%)

|

Former|

Haleon

Predecessors,
acquisitions|

* Allen & Hanburys
* Beecham Group
* Block Drug
* Burroughs Wellcome
* Glaxo
* Glaxo Wellcome
* Human Genome Sciences
* Recherche et Industrie Thérapeutiques
* Reliant Pharmaceuticals
* S. E. Massengill Company
* SmithKline Beecham
* Smith, Kline & French

Products|

| Current|

| Pharma|

* Advair
* Alli
* Augmentin
* Avandia
* Beconase
* Boniva
* Flixonase
* Hycamtin
* Lamictal
* Paxil/Seroxat
* Serlipet
* Tagamet
* Ventolin
* Wellbutrin/Zyban
* Zantac … more

|

Vaccines|

* Arexvy
* Bexsero
* Boostrix
* Cervarix
* Engerix-B
* Fluarix
* FluLaval
* Havrix
* Hepatyrix
* Hiberix
* Infanrix
* H5N1 vaccine
* Kinrix
* Menveo
* Pandemrix
* Pediarix
* Rabavert
* Rotarix
* Shingrix
* Twinrix … more

Former|

* Actifed
* Advil
* Aquafresh
* BC Powder
* Biotene
* Caltrate
* Centrum
* ChapStick
* Emergen-C
* Eno
* Excedrin
* Flonase
* Geritol
* Goody's Powder
* Horlicks
* Lucozade
* Nicoderm
* Nicorette
* NiQuitin
* Parodontax
* Ribena
* Sensodyne
* Tums

People|

| Board of
Directors|

* Philip Hampton
* Emma Walmsley
* Simon Dingemans
* Roy M. Anderson
* Manvinder Banga
* Patrick Vallance
* Vivienne Cox
* Lynn Elsenhans
* Jesse Goodman
* Judy Lewent
* Urs Rohner
* Laurie Glimcher

|

Other|

* Thomas Beecham
* Silas M. Burroughs
* Mahlon Kline
* John K. Smith
* Henry Wellcome
* Andrew Witty
* Chris Gent

Litigation|

* Canada v. GlaxoSmithKline Inc.
* Christopher v. SmithKline Beecham Corp.
* GlaxoSmithKline Services Unlimited v Commission
* United States v. Glaxo Group Ltd.
* United States v. GlaxoSmithKline

Other|

* Drug Industry Documents Archive
* GlaxoSmithKline Prize
* Side Effects
* Study 329

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