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Company type | Public company |
---|---|
PSX: GLAXO | |
Industry | Pharmaceutical |
Founded | 2001 |
Headquarters | , Pakistan |
Area served | Pakistan |
Key people | |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 1,768 [1] (2022) |
Parent | GSK |
Website |
www |
GlaxoSmithKline Pakistan is a Pakistani pharmaceutical company which is a subsidiary of British company GSK. [2] It is the largest pharmaceutical company in Pakistan.
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]
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]
In 2017, GSKCH got listed on PSX. [7]
GLAXO (GlaxoSmithKline Pakistan Limited) manufactures and markets a wide variety of prescription medicines and vaccines. [7]
GSKCH (GlaxoSmithKline Consumer Healthcare Pakistan Limited) sells over-the-counter medicines and consumer products. [7]
![]() | |
Company type | Public company |
---|---|
PSX: GLAXO | |
Industry | Pharmaceutical |
Founded | 2001 |
Headquarters | , Pakistan |
Area served | Pakistan |
Key people | |
Revenue | ![]() |
![]() | |
![]() | |
Total assets | ![]() |
Total equity | ![]() |
Number of employees | 1,768 [1] (2022) |
Parent | GSK |
Website |
www |
GlaxoSmithKline Pakistan is a Pakistani pharmaceutical company which is a subsidiary of British company GSK. [2] It is the largest pharmaceutical company in Pakistan.
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]
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]
In 2017, GSKCH got listed on PSX. [7]
GLAXO (GlaxoSmithKline Pakistan Limited) manufactures and markets a wide variety of prescription medicines and vaccines. [7]
GSKCH (GlaxoSmithKline Consumer Healthcare Pakistan Limited) sells over-the-counter medicines and consumer products. [7]