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KT Rama Rao meets R&D Head of GlaxoSmithKline Consumer Health to discuss company strategy for Telangana
May 19, 2022
London (UK), May 19 (ANI): Telangana Minister for IT and Industries KT Rama Rao on May 19 met Franck Riot, Global R&D Head GSK Consumer Health to discuss the growth witnessed by the safety and regulatory setup of GlaxoSmithKline in Telangana and their expansion plans for the state. GlaxoSmithKline is a healthcare company, which engages in the research, development, and manufacture of pharmaceutical medicines, vaccines, and consumer healthcare products. It operates through the following segments: Pharmaceuticals, Vaccines, Consumer Healthcare, and Corporate Executive Team (CET). GSK was the world’s sixth-largest pharmaceutical company according to Forbes as of 2019. GSK is the tenth largest pharmaceutical company with total revenue of USD 43,731.8 Million and employs around 94,000 people worldwide. The company also ranks 264 on Fortune Global 500 list (2021). In 2020, GSK had 40 new medicines and 17 new vaccines in development.