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About
GlaxoSmithKline Pharmaceuticals
GlaxoSmithKline thrives on its simple motto. Improve the
quality of human life by enabling people to 'do more, feel
better and live longer'.
GlaxoWellcome and SmithKline Beecham joined hands together in
Jan 2001 to instigate GlaxoSmithKline, Public Limited Company
(GSK Plc) to emerge as one of the largest Pharmaceutical outfits
of the modern era. The Headquarters of the company is situated
in United Kingdom while most of the operations of company are
based in US. GSK is proudly listed in the NYSE and London Stock
Exchange. According to an estimate the company supplies about
7% of the world pharmaceutical products alone.
Today GSK is a major research-based pharmaceutical company with
a great amalgamation of manpower skills and resources that enables
a launch-pad for delivering strong growth in today's rapidly
transforming healthcare environment. The global network of GSK
symbolizes the company as one of the prime forces in sector of
healthcare & pharmaceutical development.
The annual report for the year 2002 tells that GSK had sales
worth $31.8 billion. Net profit amounted to an amazing $9.7 billion.
The company has a workforce of over 100,000 worldwide. With 40,000
people in the Sales & Marketing department, around 42,000
in its manufacturing sites and 16,000 in the R&D department - GSK
can proclaim to be one of the largest pharmaceutical in the records.
GSK's R&D is based at 24 sites in seven countries & has
91 manufacturing sites in 38 countries. It produces over 1,200
different brands and supply products to over 191 countries across
the globe. GSK manages about 2,000 new product launches globally
each year.
About Bayer
Bayer was started way back in August 1 st , 1863 with the
partnership of Friedrich Bayer and Johann Weskott. They both
joined the color dye trade during the early part of their lives.
But with aplenty opportunities within the chemical world the
company blossomed like a new flower under sun.
Bayer is an auxiliary of Bayer AG , with the parent company
having the entire share. Company headquarter is based in Leverkusen
, Germany - a town located on the bank of the River Rhine between
the cities of Cologne and Düsseldorf. Bayer AG group comprises
of almost 350 companies, worldwide. It has subsidiaries or agents
in approximately 150 countries.
Globally, Bayer employs manpower of almost 118,000 people across
its network of companies. The operations of the company are spread
across Europe , North America , Latin America , Africa , Middle
East , Asia & Asia Pacific region. It simply means that Bayer
has reached every corner of the earth.
Bayer business area includes Bayer Chemicals, Bayer Material-Science,
Bayer Crop-Science and Bayer HealthCare. The company is proud
to maintain its highest order of quality. It also has a very
smooth distribution to ensure that the product reaches to every
needing person. Bayer also promotes ventures into new R&D
areas.
GSK & Bayer Collaboration
In November 2001, Bayer and GlaxoSmithKline (GSK) signed a worldwide
co-promotion and co-development agreement to launch a new treatment
for men seeking to improve their erectile function. Since then,
both companies have been working together on the development
and future marketing of the product.
With these companies' strong histories in healthcare and pharmaceuticals,
the Bayer and GSK co-promotion represents a powerful alliance
committed to improve men's health through new treatment options.
The End Result! Levitra - one of the better medicines
for the problem of Erectile Dysfunction. |
