Welcome to our dedicated page for Haleon plc American Depositary Shares (Each representing two Ordinary Shares) news (Ticker: HLN), a resource for investors and traders seeking the latest updates and insights on Haleon plc American Depositary Shares (Each representing two Ordinary Shares) stock.
Haleon plc (NYSE: HLN) is a global leader in consumer health, formed through the combination of consumer health divisions from GSK, Pfizer, and Novartis. Officially separated from GSK and listed on the stock market in July 2022, Haleon stands as one of the largest consumer health companies worldwide. The company generates 60% of its sales from globally recognized power brands such as Sensodyne, Advil, Centrum, and Poligrip, which are often market leaders in their categories. Additionally, Haleon boasts several strong local brands tailored to regional needs, including Emergen-C, Eno, Tums, and Caltrate. These brands effectively address various consumer health needs, from oral care and digestive health to pain relief and nutrition.
Haleon's commitment to consumer health is demonstrated through its significant investment in research and innovation. The company continually evolves its product portfolio, ensuring it meets the diverse health requirements of consumers globally. Recent achievements include the launch of the #ListenToPain initiative, which aims to improve pain management by enhancing communication between health professionals and patients. This program highlights Haleon's dedication to empathetic and individualized patient care.
Financially, Haleon maintains a robust position, backed by its extensive range of trusted products. The company has also engaged in strategic partnerships to further its mission of delivering better everyday health. Notably, Haleon's collaboration with the Economist Impact on the Health Inclusivity Index showcases its commitment to broadening healthcare accessibility and inclusivity worldwide.
Haleon's dynamic approach to consumer health is further evidenced by its proactive response to social issues. The company's latest study, the Haleon Pain Index, reveals societal attitudes towards pain post-pandemic and underscores the need for greater empathy and understanding in managing pain. This study aligns with global health directives from the World Health Organization and other leading health bodies, reinforcing Haleon's role as a thought leader in consumer health.
In addition to its core business operations, Haleon engages in innovative marketing strategies, as seen with the TUMS brand. The recent launch of the TUMS Bag in collaboration with designer Nik Bentel and the TUMS Prop Bites initiative with DraftKings highlight Haleon's creative approach to brand engagement and consumer interaction.
Haleon remains steadfast in its mission to enhance everyday health through trusted science, innovation, and deep human understanding. For more information, visit www.haleon.com.
Haleon has appointed Joe Sta-Romana as Chief Customer Officer (CCO) for its US business, effective December 1, 2024. Sta-Romana, who previously led Unilever's Walmart business and has over 20 years of experience in the FMCG sector, will lead the organization's customer strategy and drive growth in the US market. In his new role, he will focus on implementing customer-focused strategies, improving data analytics, enhancing digital solutions, and building stronger partnerships with key retailers. The appointment aims to strengthen Haleon's position in delivering better everyday health solutions through improved customer relationships.
Haleon has launched Eroxon®, the first FDA-cleared over-the-counter gel for erectile dysfunction (ED) in the U.S. Available for pre-order on Amazon and in major retailers by October 2024, Eroxon® is clinically proven to help men achieve erections within 10 minutes. This fast-acting treatment addresses a significant unmet need, as existing prescription solutions can take up to an hour to work.
Clinical studies demonstrate Eroxon®'s safety and efficacy for men with ED. The gel stimulates nerve endings in the penis to aid in achieving and maintaining erections. Haleon aims to make this accessible treatment available to millions of American men affected by ED, emphasizing the importance of sexual health in overall wellness.
Dr. Reddy's Laboratories announced the acquisition of Haleon's Nicotinell and related NRT brands for GBP 500 million. The acquisition includes Nicotinell's global portfolio, comprising Nicabate, Thrive, and Habitrol, across Europe, Asia, and Latin America. The deal features an upfront payment of GBP 458 million and performance-based payments of up to GBP 42 million. Nicotinell, the second-largest NRT brand globally, generated GBP 217 million in revenue in CY'23. Dr. Reddy's aims to expand its OTC business and strengthen its global consumer healthcare presence. The transaction is expected to close in early Q4 2024.
Yellow Wood Partners, a Boston-based private equity firm, announced that its portfolio company, Suave Brands Company, has completed the acquisition of the ChapStick brand from Haleon (LSE / NYSE: HLN). This acquisition also makes Haleon a shareholder in Suave Brands Company. The CEO of Suave Brands, Daniel Alter, stated that the addition of ChapStick fits their growth strategy and enhances their position in the North American beauty and personal care market. Suave Brands, known for offering affordable personal care products, now boasts annual retail sales of around $800 million. Yellow Wood Partners highlighted the strategic value of combining ChapStick with Suave, expanding product capabilities, and leveraging Suave's market presence. The acquisition aligns with Yellow Wood Partners' approach to value-creating acquisitions and organic growth strategies.
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