GSK Consumer, Hindustan Unilever to terminate distribution agreement for OTC products including Crocin
As per the agreements, the one-year notice period for termination shall commence from November 9, 2022, it added.
New Delhi: FMCG major Hindustan Unilever Ltd (HUL) and healthcare firm GSK have mutually decided to terminate their agreement for selling of Over-the-Counter (OTC) and oral care products. The agreement was for brands such as Crocin, Eno, Iodex, Ostocalcium, Otrivin, and Sensodyne, which were owned by GSK.These brands were distributed by GlaxoSmithKline Consumer.After HUL acquired...
New Delhi: FMCG major Hindustan Unilever Ltd (HUL) and healthcare firm GSK have mutually decided to terminate their agreement for selling of Over-the-Counter (OTC) and oral care products. The agreement was for brands such as Crocin, Eno, Iodex, Ostocalcium, Otrivin, and Sensodyne, which were owned by GSK.
Established in 2000, GSK is a British multinational pharmaceutical and biotechnology company headquartered in London, England.
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