GSK Begins ‘New Chapter’ in India As It Offloads Nutrition Brands
GSK commits to investing behind OTC and oral health brands in India after offloading nutrition assets to Unilever.
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GSK Consumer Healthcare's sale of its Indian business has generated £0.5bn more than expected thanks to the increased value of its holding in Hindustan Unilever.
While some parts of the world stocked up on OTC drugs, others went into total lock down, resulting in a mixed picture for GSK's Consumer Healthcare performance in Q1.
In the wake of its joint venture with Pfizer, GSK Consumer Healthcare has shaken up how it reports its sales by category to highlight the "main drivers" of performance.