• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Formulary
    • Exclusives
    • Top Companies
    • Raw Materials
    • End-User
    • Packaging
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Formulary
  • Exclusives
  • Top Companies
  • Raw Materials
  • End-User
  • Packaging
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    In Sickness & in Health

    In Action

    Tress Test

    From Hollywood to Hair Color

    Virtual Reality for Makeup Is Not Make Believe
    Online Exclusives
    Association News
    Breaking News
    Financial News
    Industry News
    International
    Marketing News
    New Products
    News Front
    Packaging News
    Patents
    Personnel
    Regulations
    Snapshots
    Top News
    Live From Shows
    Top News
    Scott’s Sells Personal Care Production Site

    Givaudan Unveils RitualEssenz Brazil

    Sozio Builds a New Facility

    Laverne Cox Is Matrix Ambassador

    H2O+ Reimagines Hydration Oasis
    Blog
    Online Exclusives
    Infographics
    Podcasts
    Whitepapers
    Videos
    Expert's Opinion
    eBook
    Surveys
    International Top 30 Report
    Top 50 Report
    Top Companies
    38. American Intl. Industries

    15. Kosé

    6. Beiersdorf

    22. Oriflame

    45. Parlux Fragrances, Inc.
    Actives
    Functional Ingredients
    Pigments
    Polymers
    Preservatives
    Surfactants

    Givaudan Unveils RitualEssenz Brazil

    Where Angels Soar

    Croda Awarded for Reputation

    DSM and Metex Nøøvista Collaborate

    FDA May Change Manufacturing Survey
    Air Care/Environmental Fragrance
    AP/Deo
    Color Cosmetics
    Disinfectants
    Fine Fragrance
    Hair Care
    Household Cleaning
    I&I Marketplace
    Laundry Care
    Oral Care
    OTC/Medicated
    Packaging
    Personal Cleansers
    Skin Care
    Sun Care
    Testing

    Scott’s Sells Personal Care Production Site

    Where Angels Soar

    Sozio Builds a New Facility

    Laverne Cox Is Matrix Ambassador

    H2O+ Reimagines Hydration Oasis
    Lab Equipment
    Mixing
    Packaging
    Testing

    Love Beauty and Planet Addresses Waste

    A New Era in Efficacy Testing

    Circular Models for Consumer Staples

    CPI Works to Reduce Formulation Risks

    Tom's Unveils Recyclable Toothpaste Tube
    Contract Manufacturing / Private Label Directory
    Buyer's Guide
    Add New Company
    Corporate Profiles
    International Buyers Guide Companies
    Sabinsa Cosmetics, a division of Sabinsa Corporation

    Accupac

    Wormser

    Botanic Beauty Labs

    QRS (Quality Resourcing Services)
    Live From Shows
    Meetings
    Webinars
    Snapshots
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Formulary
    • Directories
      • Buyer's Guide
      • Contract Manufacturing / Private Label Directory
      • Corporate Profiles
      • Add Your Company
    • Raw Materials
      • Actives
      • Functional Ingredients
      • Pigments
      • Polymers
      • Preservatives
      • Surfactants
    • End-User
      • Air Care/Environmental Fragrance
      • AP/Deo
      • Color Cosmetics
      • Disinfectants
      • Fine Fragrance
      • Hair Care
      • Household Cleaning
      • I&I Marketplace
      • Laundry Care
      • Oral Care
      • OTC/Medicated
      • Packaging
      • Personal Cleansers
      • Skin Care
      • Sun Care
      • Testing
    • Packaging
      • Lab Equipment
      • Mixing
      • Packaging
      • Testing
    • Top Companies
      • International Top 30 Report
      • Top 50 Report
    • Online Exclusives
    • Experts Opinion
    • Slideshows
    • Videos
    • Podcasts
    • eBook
    • Infographics
    • Blog
    • Whitepapers
    • Surveys
      • R & D Salary Survey
      • Sales & Marketing Salary Survey
    • Job Banks
    • Events
      • Industry Events
      • Live from show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Pfizer Consumer Healthcare Sale on the Fast Track?

    Players are vying for unit that's home to OTC remedies like Advil and Chapstick.

    Related CONTENT
    • P&G Patents Screening Method To Assess Anti-Aging Benefit
    • EPA Names Safer Choice Winners
    • Growth Hacking Beauty
    • Gillette Offers On-Demand Razor Delivery via Text Message
    • P&G Rolls Out Plant-based Dreft purtouch
    10.26.17
    Pfizer appears to be ramping up its plans to sell its Consumer Healthcarebusiness, home to several high-profile OTC products like Advil and Centrum as well as personal care staples like ChapStick and Anbesol.
     
    According to several reports, the unit could fetch $15 billion or more with firms like GlaxoSmithKline, Reckitt Benckiser among the likely candidates. Also in the mix are Procter & Gamble, J&J and even Nestle, say some analysts.
     
    The company announced earlier this month that it would be seeking a range of options for the unit, including a full or partial separation of the Consumer Healthcare business  through a spin-off, sale or other transaction, or may ultimately determine to retain the business. But Wall Street is buzzing with news that the sale could come as early as November.

    Pfizer Consumer Healthcare is one of the largest OTC health care products businesses in the world with 2016 revenues of approximately $3.4 billion, operating in more than 90 countries globally. Consumer Healthcare markets two of the ten top selling consumer healthcare brands globally – Centrum and Advil. In addition, Pfizer says the business has ten brands that each exceeded $100 million in 2016 sales, and several local brands that are top-ranked in their respective markets.
     
    “Pfizer Consumer Healthcare is a leading player in the largest OTC categories, with iconic brands, robust retail partnerships, global reach and strong fundamentals,” said Ian Read, Pfizer chairman and CEO. “Although there is a strong connection between Consumer Healthcare and elements of our core biopharmaceutical businesses, it is also distinct enough from our core business that there is potential for its value to be more fully realized outside the company. By exploring strategic options, we can evaluate how best to fuel the future success and expansion of Consumer Healthcare while simultaneously unlocking potential value for our shareholders.”
     
    Pfizer Consumer Healthcare product lines also include Caltrate and Emergen-C supplements; Thermacare pain management; Nexium 24 Hour and Preparation H medications; and Robitussin and Advil Cold and Sinus treatments.
     
     “Consumers are taking more ownership of their health and wellness through OTC products, preventative treatments and alternative health paths,” said Albert Bourla, Group president, Pfizer Innovative Health. “Pfizer Consumer Healthcare is playing an important role in changing the world’s well-being. Our colleagues are passionate about empowering consumers around the world to improve their health and wellness through our trusted brands, innovation, and thought leadership.”
    Related Searches
    • it
    • global
    • care
    • sales
    Related Knowledge Center
    • OTC/Medicated
    • Oral Care
    Suggested For You
    Perricone MD Hires New CEO Perricone MD Hires New CEO
    Reckitt Benckiser Splits Hygiene & Health Care Reckitt Benckiser Splits Hygiene & Health Care
    The Lady in Question The Lady in Question
    SC Johnson To Acquire Ecover and Method SC Johnson To Acquire Ecover and Method
    SCJ Welcomes P&G, RB and Unilever to Transparency SCJ Welcomes P&G, RB and Unilever to Transparency
    Got Plans for Sunday Night? Got Plans for Sunday Night?
    NYSCC Forms Scientific Advisory Board NYSCC Forms Scientific Advisory Board
    The International Top 30 The International Top 30
    The International Top 30 The International Top 30
    New Breakthroughs in Insect Control New Breakthroughs in Insect Control
    P&G and Partners on Innovation P&G and Partners on Innovation
    RB Sells Food Business RB Sells Food Business
    NYSCC Forms Scientific Committee NYSCC Forms Scientific Committee
    Statement Piece Statement Piece
    P&G Rolls Out Plant-based Dreft purtouch P&G Rolls Out Plant-based Dreft purtouch

    Related Breaking News

    • Hair Care | OTC/Medicated | Skin Care
      Scott’s Sells Personal Care Production Site

      Scott’s Sells Personal Care Production Site

      Elevation Labs to buy Denver site and will manufacture Neoteric Cosmetics products.
      Happi Staff 12.06.19

    • OTC/Medicated | Personal Cleansers | Skin Care
      FDA Issues 15 CBD Warning Letters

      FDA Issues 15 CBD Warning Letters

      Companies are selling topical formulations and more.
      Happi staff 11.26.19

    • Actives | OTC/Medicated | Skin Care
      Pharma-Grade CBD for Personal Care

      Pharma-Grade CBD for Personal Care

      USDEA removes Purisys' Cannabidiol from Schedule I of Controlled Substances Act. 
      Happi Staff 11.21.19


    • OTC/Medicated | Skin Care
      FDA Sends Warning Letter to Dollar Tree

      FDA Sends Warning Letter to Dollar Tree

      Cited company's use of companies on agency's Import Alert list.
      Happi staff 11.20.19

    • Oral Care | Packaging
      Tom

      Tom's Unveils Recyclable Toothpaste Tube

      Designed to be compatible with the #2 HDPE plastic stream.
      Happi staff 11.15.19

    • Air Care/Environmental Fragrance | Color Cosmetics | Hair Care | Household Cleaning | OTC/Medicated | Personal Cleansers | Skin Care | Sun Care
      Barbarians at the Drugstore?

      Barbarians at the Drugstore?

      KKR's plans Walgreens Boots LBO.
      The Happi Staff 11.11.19


    • Hair Care | OTC/Medicated | Skin Care
      Precise Packaging Opens New Production Facility

      Precise Packaging Opens New Production Facility

      15,000 square-foot site is a mile from company headquarters.
      Happi staff 10.30.19

    • Oral Care
      Burst Reports 100% Year-On-Year Growth

      Burst Reports 100% Year-On-Year Growth

      Demonstrates need for oral care market disruption.
      Happi Staff 10.28.19

    • Oral Care | Skin Care

      Fruit Enzymes for Skin and Oral Care Formulas

      Visit Campo Research at stand D10 to learn more about these microbiome-gentle actives.
      10.24.19


    • Oral Care | Skin Care
      Warning Letter Sent to CBD Company Selling Topicals

      Warning Letter Sent to CBD Company Selling Topicals

      Oral care product listed in October letter sent to Florida firm.
      Happi staff 10.23.19

    • Hair Care | Household Cleaning | Laundry Care | Oral Care | Skin Care
      P&G

      P&G's Q1 2020 Numbers Are In

      How did maker of Tide, Olay and Gillette fare in opening quarter?
      Happi staff 10.22.19

    • OTC/Medicated | Skin Care | Sun Care
      Warning Letter for OTC Acne & Sunscreen Manufacturer

      Warning Letter for OTC Acne & Sunscreen Manufacturer

      FDA finds violations at Goshen, NY-based facility.
      Happi staff 10.16.19

    • Air Care/Environmental Fragrance | AP/Deo | Color Cosmetics | Disinfectants | Hair Care | Household Cleaning | Insect Control | Laundry Care | Oral Care | Personal Cleansers | Skin Care | Sun Care
      Boxed CEO To Keynote PLMA Trade Show

      Boxed CEO To Keynote PLMA Trade Show

      Over 2,500 exhibitors showcase the latest store brand technology.
      The Happi Staff 10.10.19

    • Oral Care
      Hello Says Hello To Hemp

      Hello Says Hello To Hemp

      Indie oral care company's new collection is out now.
      Happi staff 10.09.19

    • Oral Care
      Oral Care Composition Has Cuttlefish Bonepowder

      Oral Care Composition Has Cuttlefish Bonepowder

      Awarded to Visionaturolab Inc, Quebec.
      Happi staff 09.19.19

    Breaking News
    • Scott’s Sells Personal Care Production Site
    • Givaudan Unveils RitualEssenz Brazil
    • Sozio Builds a New Facility
    • Laverne Cox Is Matrix Ambassador
    • H2O+ Reimagines Hydration Oasis
    View Breaking News >
    CURRENT ISSUE

    December 2019

    • In Sickness & in Health
    • In Action
    • Tress Test
    • From Hollywood to Hair Color
    • Virtual Reality for Makeup Is Not Make Believe
    • Members of the Club
    • A New Era in Efficacy Testing
    • View More >
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    International Scientific Society Calls for Omega-3 Blood Testing in Future Research
    Pharmactive Affron Saffron May Help Relieve Depression Symptoms
    Warmer Temperatures Could Lead to Concerning Levels of Arsenic in Rice
    Coatings World

    Latest Breaking News From Coatings World

    Cristo Rey High School Educator Named 2019 Axalta All-Pro Teacher of the Year
    Michelman Makes United Way of Greater Cincinnati’s List of Top 25 Corporate Campaigns
    BCF: Coatings Industry Reports Record Improvement in Waste, Recycling, Accident Rates
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    FDA OKs Roche's Nasal Swab MRSA Test
    Philips & Paige to Deliver Clinical-Grade AI Applications to Pathology Labs
    Eye Test for Parkinson's Gains Breakthrough Designation
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Almac Awarded $1M BMGF Grant
    Vivera Pharma, Parexel Ink Clinical Services Agreement
    MedPharm Triples Capacity at RTP Site
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    WWP Wins Three NJPEC Awards
    Cat-Themed Beauty Collection to Launch in Japan
    Pantone Names Classic Blue the 2020 Color of the Year
    Happi

    Latest Breaking News From Happi

    Lip Lab Opening in Brooklyn
    Raining Rose Expands Exec Team
    Scott’s Sells Personal Care Production Site
    Ink World

    Latest Breaking News From Ink World

    ePac Flexible Packaging Expands into Asia Pacific Market
    Haney, HP Developing Sustainable Fashion Packaging for Heron Preston
    Addipel Moves to New HQ, Expands Production Facility
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    HP teams with Haney for sustainable packaging
    Tags & Labels Printing adds Heidelberg’s Versafire EP
    Austrian converter installs first Nilpeter press
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Thrace to Relocate U.S. Capacity
    FiltXPO Speaker Line-Up Announced
    Nölken Incorporates Sustainable Wipes Packaging
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Orthofix Appoints New Spine Business Leader
    Viant to Halt EtO Sterilization at Michigan Plant by End of Year
    Synaptive Medical's Modus V Expands Into Spine Market
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    IDTechEx Show! Announces Graphene Award Winner
    OE-A Continues to Bring Future of Printed Electronics to CES 2020
    Avancis, Smit Thermal, HZB, CNRS, Solliace Team for Higher Efficiencies in CIGS

    Copyright © 2019 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.