Overview
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Description
GlaxoSmithKline plc CEDEAR is a depositary receipt representing shares of GlaxoSmithKline plc, a leading global pharmaceutical and healthcare company. CEDEARs (Certificados de Depósito Argentinos) enable Argentine investors to access foreign securities, allowing them to participate in the performance of major international corporations from the local market. GlaxoSmithKline plc focuses on the development, manufacture, and commercialization of prescription medicines, vaccines, and consumer healthcare products, addressing a wide spectrum of therapeutic areas including respiratory, immunology, infectious diseases, and oncology. The company’s global footprint and extensive research and development operations underscore its significance in advancing medical science and public health. By trading GlaxoSmithKline plc CEDEAR, market participants in Argentina gain exposure to the company’s diversified portfolio and innovation-driven strategy while benefiting from local settlement and pricing in Argentine pesos. This instrument plays an important role in bridging international capital markets with domestic investors, supporting portfolio diversification and global connectivity within Argentina’s financial ecosystem.
About
CEO
Mr. Luke Victor Miels
Employees
66841
Address
79 New Oxford Street
Middlesex
London, WC1A 1DG
Middlesex
London, WC1A 1DG
Phone
44 20 8047 5000
Website
Instrument type
Depositary receipt
Sector
Healthcare
Industry
Drug Manufacturers - General
Country
Argentina
MIC code
XBUE