Glaxo is selling off its consumer products business unit as a separate company
… GlaxoSmithKline is selling its consumer products division …

GlaxoSmithKline Divesting Consumer Products Business Unit

Another global healthcare enterprise opts for the spinoff strategy to generate cash and streamline operations

Strategic corporate divestitures increasingly popular lately in the healthcare industry

  • Rewarding shareholders with increased dividends
  • Retiring debt
  • Investing in research & development
  • Acquiring other organizations complimentary to their latest business model and strategy

Merck initiates the sale of a business and the creation of a spinoff company

  • Women’s Health
  • Biosimilars
  • Legacy products

Walgreens Boots Alliance sells off a majority stake in a global wholesale business

Becton Dickinson exiting diabetes care by divestiture strategy

  • Diabetes care mobile app
  • Insulin syringes
  • Pen needles
  • Sharps containers for home use
  • Support products and supplies for self-injection

GSK is a formidable global healthcare leader