GlaxoSmithKline (GSK) Pakistan is a Pakistani

pharmaceutical Medication (also called medicament, medicine, pharmaceutical drug, medicinal product, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy ( pharmacotherapy) is an important part of the ...

company which is a subsidiary of British company GSK. 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 The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a Frontier markets, frontier market on 8 September 2021. Pakistan Stock Exchange was fou ...

in 1951. 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. In December 2008, GSK Pakistan acquired operations of

Bristol Myers Squibb The Bristol-Myers Squibb Company, Trade name, doing business as Bristol Myers Squibb (BMS), is an American multinational pharmaceutical company. Headquartered in Princeton, New Jersey, BMS is one of the world's largest pharmaceutical companies ...

in Pakistan for approximately . In December 2010, the company acquired

Stiefel Laboratories Stiefel Laboratories Inc. was an American dermatological pharmaceutical company, with its global headquarters in Research Triangle Park, North Carolina. It makes products such as Duac and Oilatum. Stiefel was acquired by GSK plc at a price of ...

operations in

Pakistan Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country# ...

Haleon Pakistan

In 2015, GlaxoSmithKline Consumer Healthcare Pakistan Limited (GSKCH) was demerged from GlaxoSmithKline Pakistan Limited (GLAXO). In 2016, GSKCH started operations as an independent company. A year later, in 2017, GSKCH got listed on PSX.

GLAXO vs GSKCH

GLAXO (GlaxoSmithKline Pakistan Limited) manufactures and markets a wide variety of prescription medicines and vaccines. GSKCH (GlaxoSmithKline Consumer Healthcare Pakistan Limited) sells over-the-counter medicines and consumer products.

References

{{KSE 100 GSK plc Companies based in Karachi 1950s initial public offerings Companies listed on the Pakistan Stock Exchange Companies in the KSE 100 Index Pharmaceutical companies of Pakistan Pakistani subsidiaries of foreign companies