ABOUT GSK
Globally, they are a USD 45 billion, leading, research-based healthcare and pharmaceutical company. In India GlaxoSmithKline Pharmaceuticals Ltd. established in the year 1924 (GSK Rx India) is one of the oldest pharmaceuticals company and employs over 3500 people. In India, they are one of the market leaders with a turnover of Rs. 2003 crore and a share of 5.0%*. GSK leads in several therapeutic segments - dermatology, anti-helmentics, hormones, and anti-infectives.
GSK has seven products in the top 50 brands, and the top five GSK products are Augmentin, Calpol, Ceftum, Phexin, and Zinetac .GSK’s vaccines division is ranked first in a fast-growing vaccines market. Some leading products in India are Havrix, Varilrix, Hiberix, Engerix B and Infanrix .
USED OF FUNDS FOR PHARMACEUTICAL PRODUCTS:
1. Cost of goods 30%
2. Research and development 13%
3. Sales, marketing and administration 31%
4. Taxes 6%
5. Net income 20%
GSK MANAGEMENT
The company is managed by the Board Directors and the Corporate Executive Team.
The Board is comprised of executive and non-executive directors who are responsible for their corporate governance and ultimately accountable for their activities, strategy and performance.
The Chief Executive Officer (CEO) is responsible for the management of the business and is assisted by the Corporate Executive Team that manages their activities. Each member is responsible for a specific part of the business.
ORGANIZATION STRUCTURE
MANUFACTURING
GSK has two manufacturing units in India, located at Nashik and Thane as well as a cli ...