GSK Pakistan

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GlaxoSmithKline Pakistan Limited
GLAXO
Company type
Public
PSXGLAXO
KSE 100 component
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Headquarters,
Pakistan
Area served
Pakistan
Key people
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  • Erum Shakir Rahim (CEO)
  • Hasham Ali Baber (CFO)
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Total equityIncrease Template:Pakistani Rupee21.05 billion (US$Template:Rnd million)[1] (2022)
Number of employees
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ParentGSK
Websitewww.pk.gsk.com

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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]

File:GSK logo 2014.svg
GlaxoSmithKline's former logo, 2001-9 June 2022

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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  1. ^ 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.
  2. ^ 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.
  3. ^ 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.
  4. ^ Page Module:Citation/CS1/styles.css has no content.Hussain, Dilawar (27 August 2003). "GlaxoSmithKline Pakistan - a company profile". Dawn. Retrieved 3 November 2022.
  5. ^ Page Module:Citation/CS1/styles.css has no content.Khan, Aamir Shafaat (23 December 2008). "Glaxo acquires Bristol Myers". Dawn. Retrieved 3 November 2022.
  6. ^ 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.
  7. ^ 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.
  8. ^ Page Module:Citation/CS1/styles.css has no content."Haleon Pakistan Limited 2024 Annual Report" (PDF). p. 93.

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