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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.
The pharmaceutical industry in Pakistan was estimated to be worth Rs. 748 billion (US$2.6 billion) in 2023, representing about 1% of the country's GDP. [1] The industry is largely import-dependent, with more than 90% of raw material being imported and only 12% of active pharmaceutical ingredients locally produced. [1]
Fosun International Limited is a Chinese multinational conglomerate holding company. [4] Founded in 1992 by Guo Guangchang and four others, the company is headquartered in Shanghai and was incorporated in Hong Kong in 2004. Its Co-CEOs are Chen Qiyu and Xu Xiaoliang. Wang Qunbin joined Guo Guangchang as co-chairman in early 2020. [5]
[14] [15] In March 2017, the French President Francois Hollande inaugurated Martin Dow Pharma's Meymac Plant in France. [16] [17] The plant of V2Pharm in Gien, France was also taken over by Martin Dow. [18] In 2020, Martin Dow was awarded for excellent performance in fire safety and protection by the Sindh local government minister. [19]
This pharma city foundation stone was laid by Y. S. Rajasekhara Reddy, then Chief Minister of Andhra Pradesh. [2] It is a pharma product SEZ and Andhra Pradesh State largest Pharma SEZ spread over 2143 acres. Most all multi-national pharma companies started their operations here, like Hospira, Hetero, Shasun, Natco, Eisai, Mylan, Biocon, GVK ...
Glenmark Pharmaceuticals announced that it entered into an exclusive licensing agreement with Australia's Sequirus to commercialize its nasal spray Ryaltris [15] which is a fixed-dose combination nasal spray of an antihistamine and a steroid, as a treatment for seasonal allergic rhinitis (SAR).
Image source: Getty Images. Social Security's earnings test limits also rose in 2025. This year, seniors who work and collect benefits will be able to earn more money without risking having a ...
GlaxoSmithKline Pharmaceuticals Ltd is an Indian research-based pharmaceutical and healthcare company, and a subsidiary of GSK. [ 4 ] [ 5 ] The company's product portfolio includes prescription medicines and vaccines .