P&G to buy Merck’s consumer health unit for $4.2 billion
OHIO: Procter & Gamble (P&G) has agreed to acquire Merck KGaA’s consumer health unit for 3.4 billion euros ($4.2 billion), giving it...
After Covid slump, Shifa International continues on its path of expansion
A tale of perseverance and dedication to grow
GSK to acquire Novartis’s consumer healthcare venture for $13 billion
ZURICH: GlaxoSmithKline said on Tuesday it will buy Novartis’s 36.5 percent stake in their consumer healthcare joint venture for $13 billion in...
Where money is not the prime mover
Not a medical doctor himself but having received training in hospital management, Fahdel Sheikh is upscale Aadil Hospital’s owner and director. With...
Reckitt Benckiser collaborates with four Pakistani brands to facilitate health sector
KARACHI: Reckitt Benckiser, in collaboration with Shan Foods, Shield Corporation, Syntax and English Biscuits, is setting up a company in Pakistan to...
Lethal medicine
Old furniture scrap and dried leaves scattered on the floor welcome whoever enters this worn-out Raj era building that houses an important...
Pharma has potential to surpass textile industry in Pakistan: Chairman AGP
KARACHI:Â The pharmaceutical industry in Pakistan has the potential to increase its exports to such an extent that it can become the biggest...
Cigarette manufacturers fail to comply with health ministry’s directives
A recently conducted market survey has identified that a majority of the brands of local cigarette manufacturers in Pakistan are still non-compliant with the latest Pictorial Health Warning (PHW) law
Cabinet ratifies medical aid for blue-eyed official of Petroleum Division
ISLAMABAD: A blue-eyed Director to Minister for Petroleum Division Asim Qadir Haye has availed medical charges amounting to above Rs 2 crore...
PM Khan launches Sehat Sahulat Programme in KP
PESHAWAR: Prime Minister Imran Khan on Thursday launched healthcare coverage for all residents of Khyber Pakhtunkhwa (KP) under the Sehat Sahulat Programme.
Under...
GSK contemplating splitting up the group: Report
Some investors have long called for the group’s break-up, arguing that it would crystallize value for component businesses and that there are limited synergies between consumer and pharma.
GSKCH paid-up capital increases post merger
In a notification sent to the Pakistan Stock Exchange (PSX), GSKCH Pakistan said the shareholding of its holding company GlaxoSmithKline Consumer Healthcare B.V is now 100,423,259
Colgate-Palmolive to raise prices as raw materials costs surge
Colgate, which makes Speed Stick deodorants and Softsoap hand-wash, said raw material inflation had hurt second-quarter gross margins by 320 basis points
Government to finalise budget on June 8
The government is set to finalise the outlay for the federal budget 2020-21 on June 8 in a meeting of the National...
Bridging healthcare gaps
Nothing sensitises one to others pain than having acutely felt it yourself. Having lost her mother in post-op care after an open...