Preview

GSK Analysis

Good Essays
Open Document
Open Document
855 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
GSK Analysis
Company Overview.
GlaxoSmithKline is a large British Pharmaceutical multinational company and as a result has a long and complicated history, the next section provides a brief overview of that history. This project looked at GlaxoSmithKline in Dungarvan, Co. Waterford. GSK has been manufacturing in Dungarvan since 1981 and has two manufacturing sites there. The first is the Oral care facility which was set up in 1981 and the second is the over the counter medicine site which was set up in 1987. Many of the company’s flagship brands are produced in Dungarvan including Panadol, Polygrip and NiQuitn. According to the GSK Website “Products produced in Dungarvan are exported to more than 70 countries worldwide with the site producing the equivalent of 8 billion tablets and close to 100milllion tubes per annum” (www.gsk.ie, 2013).
Company History.
GlaxoSmithKline plc as it is known today was formed in 2000 as a result of a merger between two British Pharmaceutical Companies Glaxo Wellcome plc and SmithKine Beecham plc. Glaxo Wellcome’s origins date back to 1880 when two American Pharmacists Henry Wellcome and Silas Burroughs founded the Burroughs Wellcome & Company. In 1995 they merged with Glaxo to form Glaxo Wellcome. Glaxo had originally been set up in New Zealand in 1904 as a baby food manufacturer.
While Smith Kline Beecham plc occurred as a result of a merger in 1988 between Beecham which was set up in 1843 in Lancashire by Thomas Beecham and Smith Kline which was originally set up by John K. Smith in 1830 as pharmacy in Philadelphia.
Products
GSK has an extremely diverse and wide range of products many of which were outside the scope of this project which concentrated solely on the tablet aspect of the pharmaceutical market. In the pharmaceutical sector their products include Flixonase which treats asthma and Dyazide which treats high blood pressure. In the oral care market they produce such product as Aquafresh, Corsodyl and Sensodoyne. They produce

You May Also Find These Documents Helpful

  • Better Essays

    GlaxoSmithKline is a U.K.-based pharmaceutical powerhouse formed by a merger in the late 90’s, with the most important merger being that between Glaxo Wellcome and Smith Kline Beecham. The merger created a pharmaceutical industry giant with operations in over 100 countries and annual sales over $25 billion. In the U.S. alone, prescription drugs account for 10% of all medical costs with sales tripling over the past decade and price increases of 150 percent.…

    • 958 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    PA1 asgn04

    • 2576 Words
    • 15 Pages

    by two brothers, Chip and Charles Carroway, who started the company after identifying an opportunity to…

    • 2576 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    Teva Pharmacuetical

    • 2882 Words
    • 12 Pages

    More than 100 years ago Teva Pharmaceuticals opened their doors as a wholesale drug distributor in Jerusalem. Today they have become the world’s leading producer of generic pharmaceuticals. Revenue has grown from $91 million in 1985 to $8.5 billion in 2006. This growth has not been easy and derives from key strategic decisions made along the way in order to amass these huge dollars amounts. Teva’s mission is to play a leading role in the transformation of the healthcare system through the development, manufacture and marketing of generic pharmaceuticals. Teva’s organizational structure is a symbol of their fundamental business strategy, highlighting their global strength and pharmaceutical diversity. This allows them to continue to expand their core generic business across all geographies and leverage their global reach and scientific strength to develop new innovative products and technologies. Teva has picked an industry in which there will always be a need, medicine. However, it is their approach to prescription medicine that will decide the future of Teva.…

    • 2882 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Is535

    • 831 Words
    • 4 Pages

    In 1994 Gerber merged with Sandoz Laboratories. Two years later, Sandoz merged with CIBA-Geigy to form Novartis, one of the largest pharmaceutical companies in the world. In 2007, Gerber was sold to the Nestlé Company for $5.5 billion .Its subsidiary Gerber Life Insurance Company is located in White Plains, New York.…

    • 831 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    IA1

    • 1931 Words
    • 6 Pages

    Quelch, J. Rodriquez, M. (2013). GlaxoSmithKline in China (A). Harvard Business School. Retrieved from https://cb.hbsp.harvard.edu/cbmp/content/34297188.…

    • 1931 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    • 2002 with Danish-based Group 4 and Securicor making the company G4S Securicor plc. Turning the name from Wackenhut Corporation to G4S Wackenhut Corporation.…

    • 929 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Merck Acquisition of Medco

    • 3075 Words
    • 13 Pages

    Mergers are done for many reasons. Merck & Co., Inc.’s , Merck, consideration of a merger or acquisition of Medco Containment Services Inc., Medco, will need to be based on several factors and need to be in the best interest of Merck’s stockholders.…

    • 3075 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    How Did Eli Lilly Start

    • 488 Words
    • 2 Pages

    The company was founded by Colonel Eli Lilly in May 1876 in Indianapolis, Ind. Originally the company only had 3 employees. The company remained in the family until 1953 as Colonel Lilly’s son, Josiah, and two grandsons, Eli and Josiah Jr., each served as president of the company. Eli Lilly and Com is now the 10th largest pharmaceutical company in the world.…

    • 488 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Pharmaceuticals. Southern Economic Journal, 59(2), 165. Retrieved October 27, 2009, from ABI/INFORM Global. (Document ID: 801714). http://proquest.umi.com.ezproxy2.apus.edu/pqdweb?index=10&did=801714&SrchMode=1&sid=3&Fmt=6&VInst=PROD&VType=PQD&RQT=309&VName=PQD&TS=1256670172&clientId=62546…

    • 743 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Johnson and Johnson was founded by 3 brothers over 125 years ago. In 1886 Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson began the company in New Brunswick, New Jersey but it wasn’t until 1959 when the company developed its significant presence in the pharmaceutical industry. The 3 brothers were inspired to start Johnson and Johnson in order to create a line of ready-to-use surgical dressings. In 1888 Johnson and Johnson produced the first commercial first aid kits and in 1894 the baby heritage began with the launch of the maternity…

    • 94 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Go to Hell

    • 1115 Words
    • 5 Pages

    Multinational Company Established in 2000. GlaxoSmithKline is a Public Limited Company and working in 358 countries. GlaxoSmithKline is Expanding by acquiring Local and Multinational Pharmaceutical Companies to expand.…

    • 1115 Words
    • 5 Pages
    Good Essays
  • Best Essays

    The Information Centre for Health and Social Care (2006) General Pharmaceutical Services (Annual Bulletin) 2005/06…

    • 2406 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    The company began in 1866, in swizerland, founded by Henry Nestle a German pharmacist. The…

    • 2567 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Colonel Eli Lilly founded Eli Lilly and Company in 1876 when he purchased a laboratory on Pearl Street in Indianapolis, Indiana. The company success included creating the process for applying gelatin coating to pills for easier swallowing and the introduction of Iletin, which was the first mass-produced insulin that improved the treatment for diabetes. Eli Lilly and Company was often called “the Prozac Company” after the success of Prozac in 1988 however; the patent was soon to expire.…

    • 1293 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Johnson & Johnson

    • 1929 Words
    • 8 Pages

    1932 – Revlon was founded by the two brothers Charles and Joseph Revlon along with a chemist, Charles Lachman, who contributed the “L” in the Revlon name.…

    • 1929 Words
    • 8 Pages
    Satisfactory Essays

Related Topics