Companies/United Kingdom • Curated by Admin Timeline.sg
GlaxoSmithKline (GSK) is a British multinational pharmaceutical company formed in 2000 by the merger of Glaxo Wellcome and SmithKline Beecham. Its roots trace back to the 18th century, and it has grown through key product innovations and strategic acquisitions to become one of the world's largest drug companies.
Chronological Storyline (40 Milestones)
1715 CE
Plough Court Pharmacy Established
Silvanus Bevan founds Plough Court pharmacy in London, later evolving into SmithKline & French. #history #pharma
Plough Court Pharmacy Established By Maxwell Hamilton - https://web.archive.org/web/20161025072243/http://www.panoramio.com/photo/83921001, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=56073044
1830 CE
John K. Smith Opens Drugstore
John K. Smith opens a drugstore in Philadelphia, founding what becomes Smith, Kline & French. #history #pharma
1842 CE
Thomas Beecham Begins Selling Pills
Thomas Beecham starts selling his Beecham's Pills, a laxative, in St. Helens, England. #pharma #heritage )
Thomas Beecham Begins Selling Pills By Koncorde (talk) - Own work (Original text: I (Koncorde (talk)) created this work entirely by myself.), CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=35444680
1848 CE
Beecham's Pills Launched
Beecham's Pills are officially launched, becoming a best-selling patent medicine. #pharma #history )
1865 CE
Joseph Nathan & Co. Founded
Joseph Nathan establishes a trading company in New Zealand, which later develops Glaxo infant milk powder. #history #pharma )
1880 CE
Wellcome Foundation Established
Henry Wellcome and Silas Burroughs found Burroughs Wellcome & Co. in London. #pharma #history
Wellcome Foundation Established By SVG encoded by Cdwn - [1] (originally uploaded to English Wikipedia, see history below), Public domain, https://commons.wikimedia.org/w/index.php?curid=101289792
1904 CE
Glaxo Brand Introduced
Joseph Nathan & Co. introduces Glaxo as a brand for dried milk powder. #pharma #brand
1927 CE
Glaxo Laboratories Formed
Glaxo Laboratories is established as a separate company to handle manufacturing. #pharma #history
1947 CE
Glaxo Lists on London Stock Exchange
Glaxo Laboratories goes public, raising capital for expansion. #finance #pharma
1955 CE
SmithKline Acquires French Firm
SmithKline & French acquires Laboratoires SmithKline & French in France, expanding in Europe. #acquisition #pharma
SmithKline Acquires French Firm By Smith, Kline & French - https://pscpower.com/psc-supports-smith-kline-french/, Public domain, https://commons.wikimedia.org/w/index.php?curid=112333442
1962 CE
Beecham Introduces Ampicillin
Beecham launches ampicillin, the first broad-spectrum penicillin. #innovation #pharma )
1976 CE
Tagamet Approved in US
SmithKline's Tagamet (cimetidine) receives FDA approval, becoming the first blockbuster ulcer drug. #pharma #breakthrough
Tagamet Approved in US By Ben Mills - Own work, Public domain, https://commons.wikimedia.org/w/index.php?curid=3421578
1981 CE
Zantac Launched by Glaxo
Glaxo launches Zantac (ranitidine), which becomes the world's best-selling prescription drug. #pharma #blockbuster
Zantac Launched by Glaxo By Ayacop - Own work (created with bkchem+inkscape, before Vaccinationist redraw with Adobe-Illustrator), Public domain, https://commons.wikimedia.org/w/index.php?curid=1513877
1982 CE
SmithKline Beckman Created
SmithKline Corporation merges with Beckman Instruments to form SmithKline Beckman. #merger #pharma
1987 CE
AZT Approved for HIV
Burroughs Wellcome's AZT (zidovudine) receives FDA approval as the first HIV treatment. #pharma #HIV
AZT Approved for HIV By Fvasconcellos - Own work, Public domain, https://commons.wikimedia.org/w/index.php?curid=1440150
1989 CE
Beecham Merges with SmithKline Beckman
Beecham Group merges with SmithKline Beckman to form SmithKline Beecham. #merger #pharma
1992 CE
Paxil (Seroxat) Launched
SmithKline Beecham launches the antidepressant Paxil (paroxetine). #pharma #drug
Paxil (Seroxat) Launched By Unknown author, Public domain, https://commons.wikimedia.org/w/index.php?curid=1615572
1995 CE
Glaxo Merges with Wellcome
Glaxo plc merges with the Wellcome Foundation to form Glaxo Wellcome. #merger #pharma
1997 CE
Advair/Seretide Approved
Glaxo Wellcome's Advair Diskus (fluticasone/salmeterol) receives FDA approval for asthma. #pharma #innovation
Advair/Seretide Approved By Fuse809 - Own work, Public domain, https://commons.wikimedia.org/w/index.php?curid=31687214
Dec 27, 2000 CE
GlaxoSmithKline Formed
Glaxo Wellcome and SmithKline Beecham merge to create GlaxoSmithKline (GSK). #merger #pharma
2001 CE
GSK Lists on NYSE
GlaxoSmithKline lists its shares on the New York Stock Exchange. #finance #pharma
GSK agrees to pay $3 billion to settle US investigations into Avandia marketing. #legal #pharma
2012 CE
GSK Announces Major Restructuring
CEO Andrew Witty announces restructuring, including job cuts and divestitures. #strategy #pharma
2013 CE
GSK Sells Thrombosis Drugs to Aspen
GSK sells thrombosis drugs to Aspen Pharmacare for £700 million. #divestiture #pharma
2014 CE
GSK Fined in China
GSK is fined $490 million for bribery in China, causing global reputational damage. #legal #china
2015 CE
GSK Swaps Oncology Assets with Novartis
GSK and Novartis complete a major asset swap, with GSK selling its oncology business. #deal #pharma
2016 CE
Shingrix Vaccine Launched
GSK's Shingrix vaccine for shingles is approved, becoming a blockbuster. #vaccine #pharma
Shingrix Vaccine Launched By Whispyhistory - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=119248766
Apr 1, 2017 CE
Emma Walmsley Becomes CEO
Emma Walmsley takes over as GSK's first female CEO, focusing on innovation. #leadership #pharma
Emma Walmsley Becomes CEO By Stekzar - This image has been extracted from another file, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=94923859
2018 CE
GSK Acquires Tesaro
GSK acquires Tesaro for $5.1 billion to boost its oncology pipeline. #acquisition #pharma
2019 CE
GSK Announces Intent to Split
GSK announces plans to separate into two companies: one for pharma/vaccines and one for consumer health. #strategy #pharma
2020 CE
GSK Partners on COVID-19 Vaccine
GSK collaborates with multiple partners on COVID-19 vaccine adjuvants. #pandemic #vaccine
2021 CE
GSK Sells Stake in Haleon
GSK lists its consumer healthcare joint venture Haleon on the LSE, selling a stake. #ipo #divestiture
GSK Sells Stake in Haleon By Colin Smith - From geograph.org.uk, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=181462092
Jul 18, 2022 CE
GSK Completes Demerger of Haleon
GSK spins off Haleon, creating a standalone consumer health company. #demerger #pharma
2023 CE
GSK Acquires Bellus Health
GSK acquires Bellus Health for $2 billion, adding a late-stage cough drug. #acquisition #pharma
2024 CE
GSK Announces New CEO Succession Plan
GSK announces that Emma Walmsley will step down as CEO, with a successor to be named. #leadership #pharma