Gsk pfizer jv presentation Jun 1, 2022 · Pfizer intends to exit its 32% stake in Haleon, the GSK consumer health joint venture that’s on track to become a standalone company next month, GSK said Wednesday. GSK has commenced a £2 billion share buyback programme, to be implemented over the period to the end of Q2 2026. 8 billion ($12. Aug 1, 2019 · The breakup of GSK has moved a step closer after the companies closed the deal to create the world’s largest over-the-counter pharma business as a joint venture. 8 billion). and Pfizer holding 32 per cent. In summary: GSK and Novartis will create a new world-leading Consumer Healthcare business with 2013 pro forma revenues of £6. We commissioned a new global survey and the results reveal a concerning reality. 3bn The disposal represents Pfizer's exit from its investment in Haleon, which originated from a JV formed with GSK in 2019. Pfizer owns a 32% equity stake Feb 7, 2022 · ViiV Healthcare, the global specialist HIV company majority-owned by GlaxoSmithKline plc (GSK), with Pfizer Inc. Jan 16, 2020 · GlaxoSmithKline and Pfizer seem to have contradictory plans for their consumer health joint venture. For the purposes of this Jun 1, 2022 · The Consumer Healthcare business is currently a joint venture between GSK and Pfizer Inc (“Pfizer”), with GSK holding a majority controlling interest of 68 per cent. The Consumer Healthcare business was a joint venture between GSK and Pfizer Inc (“Pfizer”), with GSK holding a majority controlling interest of 68% and Pfizer holding 32%. 5 billion. GlaxoSmithKline plc (LSE/NYSE: GSK) has reached agreement with Pfizer Inc to combine their consumer health businesses into a new world-leading Joint Venture, with combined sales of approximately £9. Accelerating our IPT strategy GlaxoSmithKline plc and Pfizer Inc to form new world-leading Consumer Healthcare Joint Venture Transaction lays foundation for separation of GSK to create two new UK-based global companies Oct 10, 2024 · With the breadth of data presented at IDWeek, GSK and ViiV Healthcare highlight their goal to pioneer a new range of first- or best-in-class options to close the gap in prevention and treatment for patients who deserve more. 7 billion) [1]. Aug 2, 2019 · Pfizer and GlaxoSmithKline plc (GSK) have closed the deal for a joint venture to combine the parties' respective consumer healthcare portfolio. The Presentation has been prepared, and access to it has been granted to you, solely for your information in connection with the proposed demerger by GSK of its consumer healthcare business ("Consumer Healthcare"). Aug 1, 2019 · After the fifth anniversary of the closing, both GSK and Pfizer will have the right to decide whether and when to initiate a separation and public listing of the joint venture. 2 billion) Proposed transaction addresses one of the Group’s stated key capital allocation priorities, supporting efforts to improve performance and capital planning for the Group 100% ownership of world-leading Consumer Healthcare business enables GSK shareholders to Mar 19, 2025 · Pfizer Haleon Sale: Pfizer will sell about 662 million ordinary shares, or 7. Jun 1, 2022 · Dive Brief: Pfizer plans to sell its shares in a consumer health joint venture with GlaxoSmithKline after the business is spun off into a new standalone corporation called Haleon. Under the terms of the transaction, Pfizer and GSK received 32% and 68% ownership interests in the JV, respectively. GSK Consumer Healthcare separation from GSK expected mid-2022 2015 JV completed with Novartis 2018 Acquisition of Novartis stake in CH JV 2018 Pfizer JV announced and guided to GSK Consumer Healthcare separation 3 years from transaction closure (~ August 2022) Feb 28, 2024 · GSK plc (LSE/NYSE: GSK) announced that ViiV Healthcare, the global specialist HIV company majority owned by GSK, with Pfizer and Shionogi as shareholders, today announced the presentation of 64 abstracts that includes highlights of the company’s next-generation pipeline advancements, alongside data from its diverse portfolio of marketed HIV {"pressReleaseArticle":{"contentWrapper":{"title":"GSK completes transaction with Pfizer to form new world-leading Consumer Healthcare Joint Venture","intro":"<p Who needs to make their move against RSV? For Covid-19 and influenza, the risks are well-known but many people underestimate respiratory syncytial virus, or RSV. Dec 19, 2018 · Dive Brief: GlaxoSmithKline and Pfizer will partner to create an expansive consumer health joint venture that will rank first globally in the sale of over-the-counter medicines, bringing top brands like Advil, Excedrin and Centrum together under one business. P. For GSK, the joint venture is a prelude to an eventual separation of consumer health from its pharmaceutical and vaccine offerings via a Jun 1, 2022 · The separation was effected by way of a demerger (the “Demerger”) of approximately 80% of GSK’s 68% holding in the Consumer Healthcare business to GSK’s shareholders. Accelerating our IPT strategy GlaxoSmithKline plc and Pfizer Inc to form new world-leading Consumer Healthcare Joint Venture Transaction lays foundation for separation of GSK to create two new UK-based global companies Aug 1, 2019 · “The completion of the joint venture with Pfizer marks the beginning of the next phase of our transformation of GSK. Full list of GSK and ViiV Healthcare’s presentations at IDWeek 2024: Abstracts from GSK's Vaccines Portfolio Nov 27, 2020 · As consideration for the acquisition of its consumer healthcare business, Pfizer received shares in GSK Consumer Healthcare representing a 32% ownership interest in the joint venture. During a Tuesday presentation at the J. 7bn) in annual sales. GSK will put at least 80% of its 68% holding in the joint venture into Haleon, which is set to begin trading on the London Stock Exchange on July 18. Pfizer currently owns the other 32% and will exit the business “in a disciplined manner,” subject to several conditions, Pfizer said Wednesday. Credit: GSK. 8bn ($12. Photo: courtesy of Coolcaesar. Jun 1, 2022 · On July 31, 2019, Pfizer and GSK completed a transaction to form a joint venture (JV) that combined their respective Consumer Healthcare businesses. 7bn. This will be an all-equity transaction with GSK having a controlling equity interest of 68%, and Pfizer 32%. Aug 1, 2019 · GSK has completed its transaction with Pfizer to combine their consumer healthcare businesses into a world-leading Joint Venture. The joint venture is expected to close in the second half of 2019. {"pressReleaseArticle":{"contentWrapper":{"title":"Update: Proposed demerger of the Consumer Healthcare business from GSK to form Haleon","intro":"","publishDateTime Creation of a new world-leading Consumer Healthcare Joint Venture The key details from today’s proposed transaction are summarised here. Pfizer currently owns the other 32% and will exit the business Feb 28, 2024 · GSK plc (LSE/NYSE: GSK) announced that ViiV Healthcare, the global specialist HIV company majority owned by GSK, with Pfizer and Shionogi as shareholders, today announced the presentation of 64 abstracts that includes highlights of the company’s next-generation pipeline advancements, alongside data from its diverse portfolio of marketed HIV Dec 19, 2018 · Glaxo / Pfizer to Create Consumer Health Juggernaut On December 19, 2018, GlaxoSmithKline (GSK) and Pfizer (PFE) announced that they would be merging their consumer health businesses into a joint venture. For GSK, the joint venture is a prelude to an eventual separation of consumer health from its pharmaceutical and vaccine offerings via a GlaxoSmithKline (GSK) has closed the transaction related to the formation of a consumer healthcare joint venture (JV) with Pfizer, with the new company to operate as GSK Consumer Healthcare. This is an important moment for the Group, laying the foundation for two great companies, one in Pharmaceuticals and Vaccines and one in Consumer Health. GSK will have a majority Jun 1, 2022 · GlaxoSmithKline is due to complete the split from its consumer health decision – now renamed Haleon – next month, with a listing for the new company on the London Stock Exchange set for 18 July. For the purposes of this Mar 9, 2025 · GSK plc (LSE/NYSE: GSK) announced that ViiV Healthcare, the global specialist HIV company majority owned by GSK, with Pfizer and Shionogi as shareholders, will be presenting abstracts from its innovative HIV treatment and prevention portfolio and research pipeline at the Conference on Retroviruses and Opportunistic Infections (CROI 2025). Dec 19, 2018 · GSK has reached agreement with Pfizer Inc to combine their consumer health businesses into a new world-leading Joint Venture. (Pfizer) and Shionogi Limited (Shionogi) as shareholders, today announced the presentation of company and investigator sponsored abstracts from its industry-leading HIV treatment and prevention portfolio of approved long-acting Dec 20, 2018 · Pfizer Inc and GlaxoSmithKline plc will form a consumer healthcare joint venture with total combined sales of $12. Within three years of closing, {"pressReleaseArticle":{"contentWrapper":{"title":"GSK completes transaction with Pfizer to form new world-leading Consumer Healthcare Joint Venture","intro":"<p Who needs to make their move against RSV? For Covid-19 and influenza, the risks are well-known but many people underestimate respiratory syncytial virus, or RSV. ” Jun 1, 2022 · GSK will put at least 80% of its 68% holding in the joint venture into Haleon, which is set to begin trading on the London Stock Exchange on July 18. {"pressReleaseArticle":{"contentWrapper":{"title":"GSK completes transaction with Pfizer to form new world-leading Consumer Healthcare Joint Venture","intro":"<p Consistent with this, GSK has declared a dividend for Q3 2025 of 16p per share. Jun 1, 2022 · Pfizer will sell down its stake in Haleon, its consumer health joint venture with GlaxoSmithKline, after a London listing planned for July 18. Pfizer announced the closing of its joint venture (JV) with GlaxoSmithKline to combine the parties’ respective consumer healthcare businesses to create the world’s largest over-the-counter (OTC) business with robust iconic brands. 5% stake in the Consumer Healthcare Joint Venture for $13 billion (£9. 7 billion (£9. This presentation (the "Presentation") has been prepared and issued by and is the sole responsibility of GlaxoSmithKline plc (the "Company" or “GSK”). Sep 24, 2025 · Tobias Hestler, CFO GSK Consumer Healthcare, hosted a fireside chat at the Bernstein Consumer Healthcare & Nutrition Seminar in London on Tuesday 4 June during which he provided an update on the Consumer Healthcare business and the formation of a new, world-leading Consumer Healthcare joint venture. 7 billion)1. Lays foundation for separation of GSK to create two new UK-based global companies focused on Pharmaceuticals/Vaccines and Consumer Healthcare GlaxoSmithKline plc (LSE/NYSE: GSK) has reached agreement with Pfizer Inc to combine their consumer health businesses into a new world-leading Joint Venture, with combined sales of approximately £9. GlaxoSmithKline (GSK) has closed the transaction related to the formation of a consumer healthcare joint venture (JV) with Pfizer, with the new company to operate as GSK Consumer Healthcare. GSK will have a controlling interest of 68% and Pfizer will hold the remaining 32%. 3 per cent, of Haleon, created in a merger of GSK and Pfizer's consumer healthcare businesses in 2019, and spun off in 2022. GSK rejected all three proposals made on the basis that they fundamentally undervalued the Consumer Healthcare business and its future prospects. 3% stake in Haleon for $3. Jan 15, 2022 · The Consumer Healthcare business is a Joint Venture between GSK and Pfizer, with GSK holding a majority controlling interest of 68% and Pfizer 32%. Apr 16, 2009 · Renews focus on HIV with industry-leading pipeline to deliver more new HIV treatments Equity split of 85% GSK and 15% Pfizer GlaxoSmithKline plc (GSK) and Pfizer Inc (PFE) today announced they have entered into an agreement to create a new world-leading HIV company focused solely on research, development and commercialisation of HIV medicines. GSK will have a majority controlling equity interest of 68% and Pfizer will have an equity interest of 32% in the Joint Venture. GSK's future dividend policy and guidance regarding the expected dividend pay-out in 2025 are provided on page 37. Image: Pfizer world headquarters in Manhattan, New York. GSK will have majority control {"pressReleaseArticle":{"contentWrapper":{"title":"GlaxoSmithKline plc and Pfizer Inc to form new world-leading Consumer Healthcare Joint Venture","intro":"<p Mar 27, 2018 · Agreement with Novartis to buyout Novartis’ 36. GSK has reached an agreement with Pfizer to combine their consumer health businesses into a new, world-leading JV with combined sales of approximately $12. The move creates the world's largest over-the-counter (OTC) business with robust iconic brands, including GSK's Sensodyne, Voltaren, Panadol, and Pfizer's Advil, Centrum and Caltrate. Apr 22, 2014 · Issued: London UK - LSE announcement GlaxoSmithKline plc today announces a major 3-part inter-conditional transaction with Novartis AG involving its Consumer Healthcare, Vaccines and Oncology businesses (the “Transaction”). GSK Dec 19, 2018 · UK-based GSK and US-based Pfizer have agreed to create a consumer health joint venture with £9. Accelerating our IPT strategy GlaxoSmithKline plc and Pfizer Inc to form new world-leading Consumer Healthcare Joint Venture Transaction lays foundation for separation of GSK to create two new UK-based global companies. Morgan Healthcare Conference, Pfizer chief Albert 17 hours ago · Novartis has unveiled a dazzling multi-billion dollar business deal which sees it divest its vaccines and animal health divisions, build its oncology portfolio, and create a new joint venture Feb 28, 2022 · The separation of GSK Consumer Healthcare, to form Haleon, is subject to approval from shareholders, and will be by way of a demerger of at least 80% of GSK’s 68% holding in the Consumer Healthcare business to GSK shareholders (the Consumer Healthcare business is a Joint Venture between GSK and Pfizer, with GSK holding a majority controlling Mar 20, 2025 · Pfizer sells 7. Initially announced last December, the JV will see 68% ownership by GSK, while the remaining 32% will be held by Pfizer. xfniqhafrsvisigwaewjsvdbjugbmqwtbwxshxueujvsjrehnjauwbfjergipmk