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GSK Quits Kenya 4 Months After Nigeria Exit - Business (3) - Nairaland

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Real Reason GSK Left Nigeria After 51 Years / GSK Quits Kenya 4 Months After Nigeria Exit / GSK Quits Kenya, Following Nigeria’s Exit After 4 Months (2) (3) (4)

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Re: GSK Quits Kenya 4 Months After Nigeria Exit by ozo13(m): 6:04am On Dec 13, 2023
LagosG:

If you develop unnecessary high blood pressure, blame yourself.
Even him saying someone didn't read the write up am sure he didn't read it else he wouldn't have written what he posted.
Re: GSK Quits Kenya 4 Months After Nigeria Exit by EconFinance: 6:24am On Dec 13, 2023
See una life ?

You Agbado people are just too damn dull
Re: GSK Quits Kenya 4 Months After Nigeria Exit by ogunsbanjul(m): 6:28am On Dec 13, 2023
Peter Obi will still claim Nigeria governments caused the exit of GSK in Kenya. He talks anyhow and lack integrity to address or give advice on national issue

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Re: GSK Quits Kenya 4 Months After Nigeria Exit by INTEGRITYA1(m): 6:49am On Dec 13, 2023
[quote author=MeineMutter post=127454810]


Nope.
They have best sales force around and have bulks to throw on ads and promo.

It’s just too costly to operate in Africa and the ease of doing business is not there.

Where a market is not delivering 5% of the group revenue but headaches from such market is more than 95% of the group’s headaches, you should know that Board would resolve to wind down from such market and look for alternative business model.

GSK’s branded generics are not sold under GSK’s name. They are sold under Allens & Hansbury.

Any product you see under GSK Pharmaceuticals (not GSK Consumer o), are all patented. No Indian or other local companies can manufacture them.

Panadol and co are under GSK Consumer. But all those big drugs dem, forget na imitation lo ba de o.

So your assertion is off tangent.

Please Learn how to read and understand.

My assertion or from the report?

You can go back a read very well again.
Re: GSK Quits Kenya 4 Months After Nigeria Exit by sulaak(m): 7:00am On Dec 13, 2023
U09ce:
Chai. It's time for Africa to support its pharmacists on drug development and production. Emzor, Asad, M&B etc should expand their portfolio. It's appalling that 99% of Nigerian pharmacists work as drug dispensers-something that some illiterates learn the ropes in few years. Let's dust off those research in our universities and scale them up. I remember a Prof from ABU had developed an anti malarial called Herb 25. Such innovations must be spurred

Nigeria and Africa always get it wrong; the Indian government invested in industrial and pharmaceutical infrastructures such as vaccine factories, APIs and biomedical factories. The Nigerian government must also invest in industrial-scale infrastructure to support local pharmas

The Indian pharmaceutical industry has 5 important segments; contract research and manufacturing services (CRAMS), active pharmaceutical ingredients (APIs), formulations, biologics and biosimilars, and vaccines.[28][29] Various types of companies are within these segments.

https://en.wikipedia.org/wiki/Pharmaceutical_industry_in_India#:~:text=The%20Indian%20pharmaceutical%20industry%20has,companies%20are%20within%20these%20segments.

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Re: GSK Quits Kenya 4 Months After Nigeria Exit by Kay25(m): 7:04am On Dec 13, 2023
Where are those bigots..na tinubu effect too in Kenya abi
Re: GSK Quits Kenya 4 Months After Nigeria Exit by PHAYOL81: 7:04am On Dec 13, 2023
You wonder why some certain set of people developed HBP easily ? Well, that's because they wail a BIG MUCH over everything UNNECESSARILY.
Re: GSK Quits Kenya 4 Months After Nigeria Exit by Basic123: 7:16am On Dec 13, 2023
RENO OMOKIRI EXPLAINED THIS BUT IPOBIDIENTS LAMBASTED HIM.




RENO OMOKIRI TALKS WITH FACT ALOT!
Re: GSK Quits Kenya 4 Months After Nigeria Exit by Basic123: 7:20am On Dec 13, 2023
sulaak:


Nigeria and Africa always get it wrong; the Indian government invested in industrial and pharmaceutical infrastructures such as vaccine factories, APIs and biomedical factories. The Nigerian government must also invest in industrial-scale infrastructure to support local pharmas




Nigerian governments have become so stupid that they don't want to participate in any for of production again.They are waiting for foreign private investors for everything. Even,to the extent of infrastructure. They are still looking for foreign investors for PPP
Re: GSK Quits Kenya 4 Months After Nigeria Exit by LandMann: 7:28am On Dec 13, 2023
accordadoga25:
Hehehehe

Where are the bitter souls from a certain region?

Let’s wait for what they have to say about this?


Before opening this thread, I said to myself that there'll be a foolish person who will celebrate this news as if it's a win for Nigeria. The foolish person will say that since the company also exited Kenya then the company exiting Nigeria is not so bad after all Nigeria is not suffering alone.

In my opinion only extremely foolish people, witches and wizards think like that. They underrate their downfall and celebrate the downfall of others. In their thinking they're not alone in their misery.

Your own case is worse because you've also included tribalism in your display of extremely stupidity, witchery and wizardry.

The company exiting Nigeria is a bad thing because there'll be job loss for many people, tax loss for government and decline in quality of life due to increase in price of their products.

When last did you go out to buy Augmentine?

A sachet that was less than 5k is now over 30k.

Same amount you'll use to buy half bag of rice is what you'll use to buy a sachet of Augmentine because the company producing it has packed up due to harsh business environment.

But the above is not clear to you because because tribalism, stupidity, and witchery has beclouded your senses.

Nigeria will happen to you one day and we will read your miserable story online.

2 Likes

Re: GSK Quits Kenya 4 Months After Nigeria Exit by FireUpNow(m): 7:56am On Dec 13, 2023
Why is this company called GSK operating like a housewife who is not stable in being with one husband?
Re: GSK Quits Kenya 4 Months After Nigeria Exit by Tamires: 8:26am On Dec 13, 2023
Some town criers will start blaming tinubu now
undecided
Re: GSK Quits Kenya 4 Months After Nigeria Exit by airsaylongcome: 9:16am On Dec 13, 2023
Resetinc:
Covid people …. their mission has failed !!

Pfizer wey produce the Covid vaccine is owned by Glaxosmithkline,

Glaxo owns Pfizer?!?
Re: GSK Quits Kenya 4 Months After Nigeria Exit by Brendaniel: 9:20am On Dec 13, 2023
raddyworld:
But guys will tell u na Tinubu let them leave Nigeria.
I look at the reason of some Nigerians claiming holier than thou when we say Nigerians are the problem of nigeria.
It's just like a family of 5, warned never to use the toilet again bcus the soakaway is full. Yet they are using it, the day the 3rd person in the family use it and kasala burst. The other 4 started pointing fingers bcus it didn't overflow when they use it.

Same with when accident occurs. Nobody want to accept fault. Even the guilt abuse the just ...

Until we are ready to accept our blames and walk through the path of corrections Nigeria can't change..

You are saying this because you found out Tinubu scammed you, companies close up for different reasons which I will not go into now, but you as a citizen should ask yourself, if a pharmaceutical company leaves your country and the prices of drugs go up, is it beneficial to you?

Or if a pharmaceutical company leaves your country and the prices of drugs remains the same or comes down, is it beneficial to you?

Kenya and Nigeria case might be very far apart, Tinubu is doing damage to Nigeria...
Re: GSK Quits Kenya 4 Months After Nigeria Exit by Godmademan(m): 9:31am On Dec 13, 2023
INTEGRITYA1:
Its exit follows disappointing sales for many regional multinational pharmaceutical companies in the face of competition from cheaper generics from India and locally manufactured medicines
The chalks
Re: GSK Quits Kenya 4 Months After Nigeria Exit by 528ibilola: 10:20am On Dec 13, 2023
It's well.It's well....
Re: GSK Quits Kenya 4 Months After Nigeria Exit by MeineMutter: 10:36am On Dec 13, 2023
[quote author=INTEGRITYA1 post=127456239][/quote]

Whether from the report or from you. It’s off tangent. The report is not, officially, from GSK.

I was an insider for close to 2 decades at GSK and I still have access to people and info across GSK businesses in Africa and Europe.

We shouldn’t be heightening people’s apprehension.

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