What is the top selling GSK OTC brand?
Well-known brands to be sold under the JV include GSK’s Voltaren and Panadol, and Pfizer’s Advil, Nexium 24HR and Robitussin. According to GSK, the JV “will be the global leader in over-the-counter (OTC) products with a market share of 7.3% ahead of its nearest competitor at 4.1%”.
What do GSK sell?
We make a wide range of prescription medicines, vaccines and consumer healthcare products.
What is GSK’s strategy?
New GSK will prioritise R&D and commercial investment in Vaccines and Specialty Medicines, which are expected to grow to around three-quarters of company sales by 2026. As part of its 2021-26 outlook, Vaccines is expected to grow sales at a high single-digit % CAGR and Specialty Medicines at a double-digit % CAGR.
Did GSK buy Pfizer?
On July 31, 2019, Pfizer Inc. (“Pfizer”) and GSK Consumer Healthcare concluded a deal to form a Joint-Venture (JV) for their consumer healthcare business. As a part of deal, GSK held majority controlling equity interest of 68% in the JV and the rest 32% equity interest was owned by Pfizer.
Why did GSK sell Horlicks?
“The merger gives us a unique opportunity to live our purpose and serve India where Nutrition related challenges form the largest causes of disease– malnutrition and micronutrient deficiency – and aligns well with the Government’s ambitious Swasth Bharat and Poshan Abhiyan programs,” Sanjiv Mehta, Chairman and Managing …
What oncology drugs does GSK make?
GlaxoSmithKline
- ABREVA. Skin infections (topicals)
- ADVAIR DISKUS 100/50. Asthma/COPD.
- ADVAIR DISKUS 250/50. Asthma/COPD.
- ADVAIR DISKUS 500/50. Asthma/COPD.
- ADVAIR HFA 115/21. Asthma/COPD.
- ADVAIR HFA 230/21. Asthma/COPD.
- ADVAIR HFA 45/21. Asthma/COPD.
- ALKERAN. Gynecologic Cancers. Leukemias, lymphomas, and other hematologic cancers.
What is GSK market share?
Glaxo is global vaccine manufacturer with a leading 32% share of the $30 billion a year market, throwing off strong cash flows.
What does GSK split mean for shareholders?
GSK is to split itself in two by demerging its consumer products division. A demerger can create value for shareholders (the 1+1 = 3 part) but GSK is asking investors to trust that this plays out while also having to accept a much lower dividend (the ‘-½’ part).
Does GSK own Advil?
About GSK Consumer Healthcare We develop and market a portfolio of consumer-preferred and expert-recommended brands including Sensodyne, parodontax, Poligrip, Advil, Centrum and Theraflu.
Did GSK buy Advil?
GlaxoSmithKline (LSE/NYSE: GSK) today announced that the U.S. Food and Drug Administration (FDA) has approved Advil Dual Action with Acetaminophen as an over-the-counter (OTC) product for pain relief.