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Last 3,348 INR
Change Today +61.00 / 1.86%
Volume 43.2K
As of 7:05 AM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

glaxosmithkline pharmaceutic (GLXO) Snapshot

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52 Week High
01/27/15 - 3,550
52 Week Low
08/12/14 - 2,400
Market Cap
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glaxosmithkline pharmaceutic (GLXO) Details

GlaxoSmithKline Pharmaceuticals Limited operates as research-based healthcare and pharmaceutical company worldwide. It manufactures, distributes, and trades prescription medicines for a range of therapeutic areas, including analgesic, anti-infective, anti-inflammatory, anti-parasitic, cardiovascular, dermatology, diabetes, endocrine, gastrointestinal, gynaecology, immunosupressants, nutritional, respiratory, CNS, and oncology diseases. The company also offers vaccines for the prevention of various diseases comprising hepatitis A, hepatitis B, invasive disease caused by H, influenzae, chickenpox, diphtheria, pertussis, tetanus, rotavirus, cervical cancer, streptococcus pneumonia, and others. GlaxoSmithKline Pharmaceuticals Limited was founded in 1924 and is based in Mumbai, India.

Founded in 1924

glaxosmithkline pharmaceutic (GLXO) Top Compensated Officers

Managing Director, Executive Director and Mem...
Total Annual Compensation: 26.1M
Executive Director of Technical and Executive...
Total Annual Compensation: 7.0M
Executive Director of Human Resources and Exe...
Total Annual Compensation: 7.2M
Compensation as of Fiscal Year 2013.

glaxosmithkline pharmaceutic (GLXO) Key Developments

GlaxoSmithKline Pharmaceuticals Announces Executive Changes, Effective August 01, 2015

GlaxoSmithKline Pharmaceuticals has reported the Board of Directors of the Company at its meeting held on June 22, 2015 appointed Annaswamy Vaidheesh, as Vice President, South Asia & Managing Director of the company effective August 03, 2015. He succeeds, Dr. Hasit Joshipura, current Managing Director who will vacate office effective August 01, 2015.

GlaxoSmithkline Pharmaceuticals Limited, Board Meeting, Jun 22, 2015

GlaxoSmithkline Pharmaceuticals Limited, Board Meeting, Jun 22, 2015. Agenda: To appoint Mr. Annaswamy Vaidheesh, as Vice President, South Asia & Managing Director of the company effective August 03, 2015 succeeds, Dr. Hasit Joshipura, current Managing Director who will vacate office effective August 01, 2015.

Competition Commission of India Imposes INR 640 Million Fine on Glaxosmithkline and Sanofi

The Competition Commission of India (CCI) has slapped a INR 640 million penalty on GlaxoSmithKline Pharmaceuticals and Sanofi for collusive bidding in the government tender for supply of meningitis vaccine for Haj pilgrims. The matter relates to information filed by Bio-Med Private Limited against the Union of India through Deputy Assistant Director General (Stores), Medical Store Depot (DADG) in the ministry of health and family welfare. Bio-Med alleged that GlaxoSmithKline Pharmaceutical Limited and Sanofi collided in the tendering for polysaccharide Quadrivalent Meningococcal Meningitis vaccines in contravention of the provisions of the anti-trust Act. CCI imposed a fine of INR 604.5 million on GlaxoSmithKline and INR 30.4 million on Sanofi. The penalties amount to 3% of their three-year average turnover. In this case, turnovers of the two companies for the financial years 2008, 2009 and 2010 have been taken into account. The Commission, however, noted that the government was not an enterprise under the Act and therefore, did not direct any investigation against it.


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