Explanation
The REPLACE function will replace text by position.
In this case, we want to remove the labels that appear inside text.
Each label is followed by a colon and a space.
We can use the colon as a “marker” to figure out where the label ends.
For example =REPLACE(“XYZ123”,4,3,“456”) returns “XYZ456”.
When the text is not found, FIND returns a #VALUE error.