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]