GlaxoSmithKline Pharmaceuticals explained

GlaxoSmithKline Pharmaceuticals Ltd
Type:Public
Traded As:
Predecessor:Laboratories (I) Ltd
Foundation: as H. J. Foster & Co. Limited[1]
Location Country:India
Industry:Pharmaceuticals & healthcare
Products:Medicines and vaccines
Revenue: (FY 2021)[2]
Net Income: (FY 2021)
Num Employees:3500[3]

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. Its prescription medicines range across therapeutic areas such as anti-infectives, dermatology, gynaecology, diabetes, oncology, cardiovascular disease, and respiratory diseases. It also offers a range of vaccines, for the prevention of hepatitis A, hepatitis B, invasive disease caused by H, influenzae, chickenpox, diphtheria, pertussis, tetanus, rotavirus, cervical cancer, and others.[6]

History

It was founded 13 November 1924 in India under the name of H.J.Foster & Co. Limited as an Agency House for distributing Baby Food Glaxo, Joseph Nathan & Co. In 1950, it changed its name to Laboratories (I) Ltd.

Notes and References

  1. Web site: GlaxoSmithKline Pharmaceuticals Ltd. . The Economic Times . 3 May 2020.
  2. News: GlaxoSmithKline Pharmaceuticals Limited . 29 January 2022 . gsk.com.
  3. Web site: GlaxoSmithKline Pharmaceuticals Limited - Company . Gsk-india.com . 30 June 2010 . 30 September 2010.
  4. Web site: GlaxoSmithKline Pharmaceuticals Limited, Business Wire India, Press Releases, Dr. A Ramachandran . Businesswireindia.com . 30 September 2010 . https://web.archive.org/web/20101027095425/http://businesswireindia.com/pressrelease.asp?b2mid=21773 . 27 October 2010 . dead .
  5. Web site: GSK Pharma plans more investments to support growth . The Hindu Business Line . 28 April 2010 . 30 September 2010.
  6. News: GlaxoSmithKline: Glaxo baby grows up . 29 January 2022 . Business Today . en.