See more Companies in this Industry: Pharmaceuticals. GlaxoSmithKline Plc operates as a science-led global healthcare company that researches and develops a broad range of innovative medicines and brands. It operates in three primary areas of business: Pharmaceuticals, Vaccines and Consumer Healthcare. The Pharmaceuticals business researches, develops and makes available medicines that treat a variety of serious and chronic diseases.
The Vaccines business produces pediatric and adult vaccines to prevent a range of infectious diseases including, hepatitis A and B, diphtheria, tetanus and whooping cough, measles, mumps and rubella, polio, typhoid, influenza and bacterial meningitis. The Consumer Healthcare business markets a range of consumer health products based on scientific innovation. The company was founded on December 6, and is headquartered in Brentford, the United Kingdom. The Wellcome Tropical Research Laboratories opened in Glaxo was founded in Bunnythorpe, New Zealand, in It was originally a baby food manufacturer, processing milk into a baby food of the same name.
Glaxo became Glaxo Laboratories and opened new units in London in After the company bought Meyer Laboratories in , it started to play an important role in the US market. In the American arm, Glaxo Inc. Valtrex valaciclovir was launched as an anti-herpes successor to Zovirax acyclovir.
It employed around 59, people worldwide, of whom around 13, were based in the United Kingdom. An era of landmark scientific breakthroughs, building brand portfolios and product consolidation. An exciting period of discovery: we developed the first treatment for HIV, enhanced our consumer brands and developed new treatments for asthma.
With our three global businesses of Pharmaceuticals, Vaccines and Consumer Healthcare, we aim to bring differentiated, high-quality and needed healthcare products to as many people as possible. Despite progress to fight malaria millions continue to suffer. At GSK, the biggest contribution we can make is through our science.
We invest in scientific and technical excellence to develop and launch new innovative vaccines that meet the needs of patients and payers.
GlaxoSmithKline is well-known for its philanthropy and charity efforts. The company also announced it would encourage new drug development by releasing rights to intellectual property into a patent pool. The released rights were aimed toward processes and substances that are relevant to neglected disease. GlaxoSmithKline joined forces with Pfizer, another of the largest pharmaceutical companies in the world. In , GlaxoSmithKline donated million albendazole tablets to treat lymphatic filariasis, or intestinal worms.
Shortly after, the sale of Avandia was restricted in the U. The products included Paxil, Avandia, and a baby ointment called Bactroban. The contaminated products were all manufactured in a plant in Puerto Rico. In , the plant closed after failed attempts to fix the plant after an FDA investigation. Paxil was marketed to teens and children despite FDA approval for adults only. Wellbutrin was marketed to help patients with sexual dysfunction, weight loss, ADHD, and drug addiction despite FDA approval to treat only depression.
GlaxoSmithKline was also charged with hiding knowledge of deadly side effects from diabetes drug Avandia.
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