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GSK (GlaxoSmithKline)

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
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
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
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
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
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
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
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
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
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

2002 CE

Advair Becomes Top-Selling Drug

GSK's Advair becomes the world's best-selling asthma drug, generating billions. #pharma #blockbuster

2004 CE

GSK Settles with US over Paxil

GSK pays $2.5 billion to settle US allegations of fraud and anticompetitive conduct regarding Paxil. #legal #pharma

2006 CE

GSK Acquires Reliant Pharmaceuticals

GSK acquires Reliant Pharmaceuticals for $1.65 billion, gaining cardiovascular drugs. #acquisition #pharma

2007 CE

Cervarix Vaccine Approved

GSK's Cervarix (HPV vaccine) receives EU approval for cervical cancer prevention. #vaccine #pharma

2009 CE

GSK Buys Stiefel Laboratories

GSK acquires Stiefel Laboratories for $2.9 billion, expanding dermatology. #acquisition #pharma

2010 CE

GSK Settles with US over Avandia

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
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
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
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