GSK’s Horlicks Review Plan - Some Early Expectations In India

A potential sale of Horlicks could impact market dynamics significantly in India where the popular malt beverage holds a dominant position but has seen competition build up. GlaxoSmithKline, though, has underscored that the review plan had nothing to do with the product’s "critical mass".

Leadership
A POTENTIAL SALE OF HORLICKS COULD IMPACT MARKET DYNAMICS IN INDIA

GlaxoSmithKline PLC’s decision to potentially divest the popular malted milk drink Horlicks, which is largely sold through its publicly listed Indian subsidiary,GlaxoSmithKline Consumer Healthcare, isn’t about market-related pressures, the UK multinational’s top brass has emphasized.

“I want to be absolutely clear that this has, for a long time, been a winning and performing brand, primarily...

More from Business

More from Scrip

Four Chinese Firms Snag Global First-In-Class Approvals In China

 

Four Chinese companies have won approvals in China, the first anywhere, for novel drugs for diffuse large B-cell lymphoma, certain types of non-small cell lung cancer and influenza A.

AbbVie Licenses IGI’s ISB 2001 In Second Myeloma Trispecific Deal For 2025

 

IGI CEO Cyril Konto said in an interview that his company picked AbbVie for its agility, drug development acumen and expertise in areas like intellectual property and legal affairs.

Merck & Co. Remains In The BD Game After Verona Takeout

 

CEO Rob Davis said the company is in pursuit of more deals as it looks to close the revenue gap looming from the loss of Keytruda in 2028.