With Haleon becoming an independent company after its demerger from GSK, the newly listed business will now be the main entity holding brands like Panadol, Sensodyne, and Scott’s.
Trading commenced on the London Stock Exchange, with Brian McNamara, CEO of Haleon, trading on the New York Stock Exchange (NYSE) is set to follow, and a similar market-opening event will take place on Wednesday 20 July 2022.
Haleon will manage the portfolio of brands including Panadol, Sensodyne, and Scott’s, and will continue to develop category brands that will address consumer health needs, while focusing on future innovation across its entire portfolio it said in a statement.
Haleon has launched at a time when the consumer healthcare market is set for expansion (expected to be at a rate of 3-4% per annum over the medium-term). It expects to deliver medium-term annual organic revenue growth of 4-6%.
The company wants to further be distinguished by leading consumer healthcare-focused scientific capabilities, a well-developed organisational understanding of human health behaviours, strong capabilities in brand building, innovation, and digital commerce, and a powerful route-to-market.
Brian McNamara, Chief Executive Officer, Haleon, said:
“This is a significant milestone for Haleon. Guided by our clear purpose and with a world class portfolio of brands that people know and trust, we stand ready to help address consumer needs and make better everyday health more achievable, inclusive and sustainable.
“Consumer health has never been more important than it is today, and I am delighted that Haleon, as an independent company, is ready to pursue our ambitions.
“Today follows a huge amount of effort, planning and collaboration by our dedicated colleagues all around the world.”
Bryan Wong, General Manager, Malaysia, Singapore and Brunei (MSB), Haleon, said: “As a category leader across pain relief, oral care, and wellness in Malaysia, we will continue to promote the importance of self-care and maintain a world-class portfolio of loved and trusted brands. As people become more aware of the various health conditions such as lack of daily nutrients, or oral and gum problems, and have an ongoing quest to live healthier and longer lives, we would like to make everyday health more achievable and empower people to manage their self-care. We are also looking forward to working with healthcare professionals and retailers to make everyday health more inclusive, and more sustainable for everyone in Malaysia.”
Haleon was unveiled as the name of the business in February 2022 and is inspired by the merging of the words ‘Hale’, which is an old English word meaning ‘in good health’ and Leon, which is associated with the word ‘strength’.
The company’s signature “For Health. With Humanity” brings to life the essence and purpose of Haleon and was developed by its own colleagues.
