In 1959 the Wellcome Foundation bought Cooper, McDougall & Robertson Inc to become more active in animal health. Glaxo and Wellcome merged in 1995 to form Glaxo Wellcome plc. Glaxo Wellcome restructured its R&D operation that year, cutting 10,000 jobs worldwide, closing its R&D ...
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Last October, PDI's LifeCycle Ventures Inc. subsidiary inked a five-year agreement with Glaxo Wellcome Inc. for the exclusive US marketing, sales, and distribution rights for Ceftin, an oral antibiotic used in treating acute bacterial respiratory infections. PDI had to create an infrastructure with all the various commercial ...
Jan 17, 2000 ... Glaxo Wellcome agreed to acquire SmithKline Beecham in a $75.7 billion stock swap. The deal will form the world's largest drug maker with annual sales of $24.9 billion and 107000 employees world-wide.
In 1998, Glaxo Wellcome made an investment in a production facility in Suzhou in the eastern Chinese province of Jiangsu. The plant was designed to produce anti-infective drugs, including a treatment for Hepatitis B. Now called GlaxoSmithKline, Glaxo Wellcome is a research-based pharmaceutical company based in the ...
GlaxoWellcome is a company pharmaceuticals, biologics, vaccines, and consumer healthcare.
Jan 24, 1995 ... Taking the steady consolidation of the health care industry to a new scale, Glaxo P.L.C. began an unsolicited $14 billion offer for Wellcome P.L.C. today, in a deal that would create the world's largest drug maker. If completed, the deal between the two British companies would be the largest in a string of ...