Business Standard

Friday, December 20, 2024 | 06:40 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Gsk

GSK's India unit Q3 profit up 9% as input costs slump, op revenue fell 1.7%

GlaxoSmithKline Pharmaceuticals Ltd, the Indian unit of UK's GSK plc, reported a 9.5% rise in profit, in line with analysts' estimates, as a sharp drop in input costs more than offset revenue decline

GSK's India unit Q3 profit up 9% as input costs slump, op revenue fell 1.7%
Updated On : 07 Feb 2023 | 7:58 PM IST

GlaxoSmithKline Pharma Q2 net up 3% to Rs 193 cr, revenue down to Rs 906 cr

GlaxoSmithKline Pharmaceuticals on Friday said its net profit increased 3 per cent to Rs 193 crore in the second quarter ended September. The drug maker had reported a net profit from continuing operations at Rs 187 crore in the July-September period of the previous fiscal. However, revenue from operations declined to Rs 906 crore in the second quarter of the current fiscal compared to Rs 916 crore in the year-ago period, GlaxoSmithKline Pharmaceuticals said in a regulatory filing. "GSK India has delivered another quarter of strong performance in general medicines and specialty business, gaining market share. We hope to build on this momentum in the coming quarters and continue to focus on our key brands to drive sustainable profitable growth," GlaxoSmithKline Pharmaceuticals Managing Director Sridhar Venkatesh said. Vaccines business was impacted due to low vaccination rates as the overall market for the self-pay segment in which the company operates continues to decline, he ...

GlaxoSmithKline Pharma Q2 net up 3% to Rs 193 cr, revenue down to Rs 906 cr
Updated On : 11 Nov 2022 | 8:02 PM IST

Burberry's Julie Brown is GSK's first ever female CFO, says report

Brown, also 60, will join GSK in April and take up the job in May. She has extensive experience in the health and pharmaceutical industry.

Burberry's Julie Brown is GSK's first ever female CFO, says report
Updated On : 26 Sep 2022 | 10:16 PM IST

Sanofi, GSK and Haleon lead $40-billion rout on heartburn drug

Sanofi fell 13% on Thursday, taking its 2-day decline to 20%; GSK slid 6.9%

Sanofi, GSK and Haleon lead $40-billion rout on heartburn drug
Updated On : 12 Aug 2022 | 1:17 AM IST

Sanofi, GSK say Covid booster shot works better against Omicron variant

The companies point to the risk of new variants and waning immunity that could lead to an increase in demand for additional booster shots in some populations.

Sanofi, GSK say Covid booster shot works better against Omicron variant
Updated On : 13 Jun 2022 | 7:30 PM IST

US pulls GSK's Covid drug as omicron sibling dominates cases

GlaxoSmithKline's IV drug for Covid-19 should no longer be used because it is likely ineffective against the omicron subvariant that now accounts for most US cases, federal health regulators said

US pulls GSK's Covid drug as omicron sibling dominates cases
Updated On : 06 Apr 2022 | 6:38 PM IST

Sanofi, GSK to seek regulatory approval for Covid vaccine candidate

Sanofi-GSK's shot relies on a conventional protein-based approach, compared with the newer mRNA technology used in established Covid-19 vaccines from Pfizer-BioNTech and Moderna

Sanofi, GSK to seek regulatory approval for Covid vaccine candidate
Updated On : 23 Feb 2022 | 9:55 PM IST

CCPA passes order for discontinuation of Sensodyne ads in India

Consumer protection regulator CCPA has passed an order against GlaxoSmithKline Consumer Healthcare Ltd directing it to discontinue advertisements of Sensodyne products in India for flouting norms.

CCPA passes order for discontinuation of Sensodyne ads in India
Updated On : 10 Feb 2022 | 1:44 AM IST

Unilever to sell slow-growth brands as it weighs higher bid for GSK unit

The Dove soap owner said Monday it will announce a revamp of its structure later this month

Unilever to sell slow-growth brands as it weighs higher bid for GSK unit
Updated On : 18 Jan 2022 | 12:08 AM IST

Unilever eyes GSK's consumer goods arm in possible $68-bn deal

Unilever confirms interest in GSK assets, says GSK consumer business would be 'strong strategic fit'; UK's Sunday Times says 50 billion-pound bid rejected in late 2021

Unilever eyes GSK's consumer goods arm in possible $68-bn deal
Updated On : 15 Jan 2022 | 6:42 PM IST

How the world's first malaria vaccine will protect against the parasite

This vaccine has been in development for 30 long years

How the world's first malaria vaccine will protect against the parasite
Updated On : 08 Oct 2021 | 2:01 AM IST

GSK, CureVac's next-gen Covid vaccine shows promise in monkey trial

The encouraging news on its "second-generation" vaccine gave CureVac's German-listed shares an 8% lift, as the stock gradually recovers from a slump in June

GSK, CureVac's next-gen Covid vaccine shows promise in monkey trial
Updated On : 16 Aug 2021 | 8:29 PM IST

Sanofi-GSK Covid-19 vaccine gets nod to start phase-3 trials in India

India part of 35,000 volunteer global efficacy trial

Sanofi-GSK Covid-19 vaccine gets nod to start phase-3 trials in India
Updated On : 08 Jul 2021 | 11:51 PM IST

GSK's drugs arm to get $11 billion windfall from consumer spin-off

Investors have been waiting for details of the separation

GSK's drugs arm to get $11 billion windfall from consumer spin-off
Updated On : 23 Jun 2021 | 6:02 PM IST

Activist investor Elliott takes multibillion pound stake in GSK: Report

Shares in GSK erased losses and traded more than 7% higher

Activist investor Elliott takes multibillion pound stake in GSK: Report
Updated On : 15 Apr 2021 | 6:25 PM IST

GSK fires former US govt vaccine head Slaoui over harassment allegation

GlaxoSmithKline has dismissed Moncef Slaoui as chairman of a company controlled by the British drugmaker after an internal investigation found he had sexually harassed an employee several years ago

GSK fires former US govt vaccine head Slaoui over harassment allegation
Updated On : 25 Mar 2021 | 7:27 AM IST

GSK fires former US govt vaccine head Slaoui over harassment allegation

Former U.S. President Donald Trump appointed Slaoui to lead his administration's effort to produce and distribute COVID-19 vaccines last year

GSK fires former US govt vaccine head Slaoui over harassment allegation
Updated On : 24 Mar 2021 | 8:29 PM IST

GSK, CureVac to develop Covid-19 vaccines aimed at new variants

Drugmaker GlaxoSmithKline said Wednesday it will work with a German biopharmaceutical company to develop new vaccines targeting emerging variants of COVID-19

GSK, CureVac to develop Covid-19 vaccines aimed at new variants
Updated On : 03 Feb 2021 | 8:12 PM IST

British firm GSK to move malaria vaccine production to Bharat Biotech

The agreement includes transfer of manufacturing of the protein part of the malaria vaccine

British firm GSK to move malaria vaccine production to Bharat Biotech
Updated On : 28 Jan 2021 | 2:12 AM IST

GSK transfers malaria vaccine production to India's Bharat Biotech

The agreement includes transfer of manufacturing of the protein part of the vaccine

GSK transfers malaria vaccine production to India's Bharat Biotech
Updated On : 27 Jan 2021 | 7:26 PM IST