GSK Pakistan
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| GLAXO | |
Company type | Public |
| PSX: GLAXO KSE 100 component | |
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| Headquarters | , Pakistan |
Area served | Pakistan |
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| Total equity | Increase Template:Pakistani Rupee21.05 billion (US$Template:Rnd million)[1] (2022) |
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| Parent | GSK |
| Website | www |
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GlaxoSmithKline Pakistan Limited is a Pakistani pharmaceutical company which is a subsidiary of British company GSK.[2] It is the largest pharmaceutical company in Pakistan.
History
The company started its operations in Pakistan as Glaxo Laboratories Pakistan Ltd and was listed on the Karachi Stock Exchange in 1951.[3]
GSK Pakistan equation was formed when Beecham, Glaxo Welcome and Smith Kline, all having a big name in the pharmaceutical market and that were separate entities before, merged in 2002.[4]
In December 2008, GSK Pakistan acquired operations of Bristol Myers Squibb in Pakistan for approximately US$36.5 million.[5]
In December 2010, the company acquired Stiefel Laboratories operations in Pakistan.[6]
Haleon Pakistan
Template:Main article In 2015, GlaxoSmithKline Consumer Healthcare Pakistan Limited (GSKCH) was demerged from GlaxoSmithKline Pakistan Limited (GLAXO).[7] In 2016, GSKCH started operations as an independent company.[7] A year later, in 2017, GSKCH got listed on PSX.[7] In 2022, GlaxoSmithKline Consumer Healthcare Pakistan Limited was renamed to Haleon Pakistan.[8]
GSK Pakistan vs Haleon Pakistan
GLAXO (GlaxoSmithKline Pakistan Limited) manufactures and markets a wide variety of prescription medicines and vaccines.[7]
GSKCH (GlaxoSmithKline Consumer Healthcare Pakistan Limited), now Haleon Pakistan, sells over-the-counter medicines and consumer products.[7]
References
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- ^ a b c d e f Page Module:Citation/CS1/styles.css has no content."GSK PK Annual Report 2022" (PDF). pk.gsk.com. Retrieved 30 November 2023.
- ^ Page Module:Citation/CS1/styles.css has no content."GlaxoSmithKline Pakistan Limited – a company overview (2014 version)". Business Recorder. 2 December 2014. Retrieved 3 November 2022.
- ^ Page Module:Citation/CS1/styles.css has no content."GlaxoSmithKline Pakistan Limited – a company overview (2016 version)". Business Recorder. 1 September 2016. Retrieved 3 November 2022.
- ^ Page Module:Citation/CS1/styles.css has no content.Hussain, Dilawar (27 August 2003). "GlaxoSmithKline Pakistan - a company profile". Dawn. Retrieved 3 November 2022.
- ^ Page Module:Citation/CS1/styles.css has no content.Khan, Aamir Shafaat (23 December 2008). "Glaxo acquires Bristol Myers". Dawn. Retrieved 3 November 2022.
- ^ Page Module:Citation/CS1/styles.css has no content."GSK Pakistan takes over Stiefel's local operations". The Express Tribune. 3 December 2010. Retrieved 3 November 2022.
- ^ a b c d e Page Module:Citation/CS1/styles.css has no content."GLAXO: earnings in red". Business Recorder. 1 September 2022. Retrieved 3 November 2022.
- ^ Page Module:Citation/CS1/styles.css has no content."Haleon Pakistan Limited 2024 Annual Report" (PDF). p. 93.
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