GSK and Pfizer completed the demerger of Haleon.

GSK, a global biopharma company, and Pfizer, an American multinational pharmaceutical and biotechnology corporation, completed the demerger of Haleon, a British multinational consumer healthcare company. Haleon is a new, world-leader in consumer healthcare with a clear strategy to outperform and run a responsible business. For prospective investors, it will offer an exceptional and focused portfolio of category-leading brands with an attractive footprint and competitive capabilities; a highly attractive financial profile of above market, medium-term annual organic revenue growth of 4 to 6 per cent. combined with sustainable moderate, adjusted margin expansion on a constant currency basis, with strong cash generation and conversion.