

Dec.1986: the UK and European home improvement products business was sold to ?.Jan.1987: The UK softs drinks business, Corona, Tango, Quosh and Top Deck were sold to Britvic plc, leaving just Lucozade and Sparkling Ribena.Sept.1987: DAP Inc, a home improvement products business in the USA, was sold to USG Corporation.Aug.1988: Beecham Cosmetics Inc in the USA was sold to ?.Sept.1988: Juvena group of cosmetics companies based principally in Europe was sold to ?.The merger created the 2nd-largest pharmaceutical company in the world.

Jul.1989: SmithKline Beecham plc: the UK's Beecham Group plc and USA company SmithKline Beckman Corporation merged, with Beecham Group plc and SmithKline Beecham Corporation becoming wholly-owned subsidiaries of the new company, SmithKline Beecham plc.

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The acquisition expanded GSK's presence in China through Nanjing MeiRui's portfolio of urology and allergy products, plus its established sales and marketing network. Dec.2010: Nanjing MeiRui Pharmaceuticals, a Chinese pharmaceutical company, was acquired from Pagoda Pharmaceuticals Ltd (90%) and Allergon AB (10%).Investigations had started in Jan.1997 in relation to 9 of its products. Jul.2012: Fraud: GSK was fined US $3bn in the biggest healthcare fraud case in history, after promoting Paxil and Wellbutrin, two antidepressant drugs, for unapproved uses, including treatment of children and adolescents, and also for failing to report safety data about diabetes drug, Avandia.Sept.2013: Ribena and Lucozade were sold to Japanese holdco Suntory Holdings Ltd.Ĭorporate Political Engagement Rating: Transparency International A Brandsīribery: GSK's China Investment division was fined £297m after being found guilty of bribing non-government personnel. However, it is a direct member of the Confederation of British Industry, which has mixed support for climate change legislation. GlaxoSmithKline continues to support ambitious climate change, mainly in the EU. refĬlimate Policy Rating: InfluenceMap A. Established in 2000 by the merger of Glaxo Wellcome and SmithKline Beecham, GSK was the world's 6th largest pharmaceutical company as of 2015, after Pfizer, Novartis, Merck, Hoffmann-La Roche and Sanofi. GlaxoSmithKline is a British pharmaceutical company headquartered in London.
