GSK refutes claims related to hoarding of Panadol intentionally to create shortage

News Image

MG News | September 16, 2022 at 09:29 AM GMT+05:00

September 16, 2022 (MLN): GlaxoSmithKline Consumer HealthCare Pakistan Limited (GSKCH) has rejected the claims related to the hoarding of Panadol intentionally to create shortage.

In a notice to Exchange, the company refuted the news about the raid to one of its warehouses adding that the stocks at this warehouse were intended to be released and distributed in the country in the normal course of business.

“As GlaxoSmithKline Consumer Healthcare Pakistan Limited (member of the Haleon group), we are led by our purpose of delivering everyday health with humanity.

This has been shown through our commitment to the people of Pakistan throughout challenging times”, company said in a notice.

The company further stated that it continues to supply Panadol products in the country and have adjusted its production capacity to ensure some product availability, despite market obstacles.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 171,725.29
261.56M
2.31%
3881.05
ALLSHR 103,214.49
498.64M
2.00%
2024.02
KSE30 51,517.14
135.33M
2.40%
1209.13
KMI30 246,565.71
111.44M
2.29%
5524.54
KMIALLSHR 67,042.77
274.55M
1.94%
1273.86
BKTi 47,299.71
43.26M
3.04%
1394.54
OGTi 36,341.37
10.64M
2.20%
783.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,570.00 77,935.00
76,105.00
795.00
1.05%
BRENT CRUDE 97.91 98.45
97.12
1.77
1.84%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-8.75
-7.37%
ROTTERDAM COAL MONTHLY 113.00 0.00
0.00
0.30
0.27%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 91.63 93.90
89.41
-4.97
-5.14%
SUGAR #11 WORLD 14.68 0.00
0.00
-0.02
-0.14%

Chart of the Day


Latest News
May 26, 2026 at 04:42 AM GMT+05:00

BankIslami launches FOCUS


May 25, 2026 at 06:03 PM GMT+05:00

UAE, UN deepen ties on energy, water agenda


May 25, 2026 at 05:13 PM GMT+05:00

Pakistan pushes export drive in China


May 25, 2026 at 04:25 PM GMT+05:00

PKR maintains upward momentum vs USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg