Why did GSK shut down in Bangladesh?
However, the main reason for the closure of GSK’s pharma business was its inability to adapt to the ecosystem of the domestic pharma industry. A not so special feature of the pharmaceutical sector in Bangladesh is that there is no research-based or R&D based medicine.
Who owns GSK?
Unilever
On 3 December 2018, GSK announced that Unilever would acquire the Indian-listed GlaxoSmithKline Consumer Healthcare business for US$3.8 billion (£2.98 billion). Unilever will pay the majority of the deal in cash, with the remaining being paid in shares in its Indian operation, Hindustan Unilever Limited.
Is GSK an Indian company?
GlaxoSmithKline Pharmaceuticals Ltd (BSE: 500660 NSE: GSKCONS) is an Indian subsidiary of GlaxoSmithKline plc, one of the world’s leading research based pharmaceutical and healthcare companies. It is one of the oldest pharmaceuticals companies in India….GlaxoSmithKline Pharmaceuticals Ltd.
| Type | Public company |
|---|---|
| Website | www.gsk-india.com |
What is GlaxoSmithKline famous for?
GlaxoSmithKline (GSK) is a manufacturing giant known for popular prescription medications, vaccines, and consumer health products. Well-known prescription medications include products such as antidepressant, Paxil and antidiabetic, Avandia, along with dozens of other drugs including: Imitrex (sumatriptan)
What are the benefits of GSK?
Which benefits does GlaxoSmithKline provide?
- Health Insurance. 4.5★ 115 Ratings.
- Dental Insurance. 3.9★ 10 Ratings.
- Life Insurance. 4.0★ 6 Ratings.
- Disability Insurance. 3.8★ 4 Ratings.
- Flexible Spending Account (FSA) 3.3★ 4 Ratings.
- Vision Insurance. 3.3★
- Occupational Accident Insurance. 3.5★
- Supplemental Life Insurance. 4.0★
What has happened to GlaxoSmithKline Bangladesh Limited?
On 30 June 2020, we announced the sale of our 82% shareholding in GlaxoSmithKline Bangladesh Limited to Unilever, as well as the divestment of our nutrition brands, including Horlicks, Boost and Glaxose D, in Bangladesh.
What is burburroughs Wellcome doing for GSK in Bangladesh?
Burroughs Wellcome will market Sensdodyne and the digestive health brand Eno. Bangladesh continues to be an important market for GSK and we will continue to invest in these brands and launch new brands in Bangladesh. Since 2015 we have supplied a vaccine against pneumococcal disease to Bangladesh’s National Immunization Programme.
What caused the Tazreen Factory fire?
Exactly five years ago, in November 2012, a fire in the Tazreen Fashions factory in Bangladesh killed at least 112 workers. Probably caused by a short circuit on the ground floor of the building, the fire rapidly spread up the nine floors where garment workers were trapped due to narrow or blocked fire escapes.
What is the Accord on fire and building safety in Bangladesh?
The 2013 Accord on Fire and Building Safety in Bangladesh, a safety pact signed by global unions and more than 200 brands, has taken important steps towards making global apparel companies accountable for the safety of factories in their supply chains.