Glaxosmithkline : A Company With Ethical Underpinnings Essay

2435 Words Jun 24th, 2016 null Page
GlaxoSmithKline is one of the largest pharmaceutical companies in the world. Many people can say they owe their lives to this company. Not everyone can say that though, because in 2002 the FDA sued GlaxoSmithKline for over 750 billion dollars for multiple infractions. GlaxoSmithKline pled guilty to fraud, and two years later, it happened again, for which they pled guilty to distributing adulterated drugs. GSK is trying to repair their severely damaged image. It seems they have done a complete turnaround now, and want to be a transparent, open and helpful customer centric company with ethical underpinnings. GlaxoSmithKline goes through their long history on their website. Back in 1880, Burroughs Wellcome and Co was established in London. A couple of decades later Glaxo was founded in 1904 in New Zealand. After much absorbing and merging with other smaller companies over the years, the two companies met up and combined to form Glaxo Wellcome in 1995. In between 1904 and 1995, new and helpful products such as Zantac, Bactroban and Amoxicillin came about through Wellcome and Glaxo. Eventually, Glaxo Wellcome merged with another pharmaceutical company called Smith Kline Beecham in 2000, becoming Glaxo Smith Kline.
This company, also known as GSK, is now the fourth largest pharmaceutical company in the world. In a way, GSK is an amalgamation of many different codes of conduct and behavior, from all over the world. Today GSK manufactures a wide variety of products,…

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