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Glaxosmithkline

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Glaxosmithkline
Glaxosmithkline.png
Basic facts
Location:Philadelphia, Pa.
Top official:Andrew Witty, CEO
Year founded:2001
Website:Official website

As of 2016, Glaxosmithkline was a global healthcare company based in the United Kingdom that "researches and develops a broad range of innovative products in three primary areas of pharmaceuticals, vaccines and consumer healthcare." The company's U.S. headquarters was located in Philadelphia, Pennsylvania.[1][2]

  • Glaxosmithkline opposed the 2016 California Drug Price Standards Initiative (Proposition 61), which proposed to regulate drug prices by requiring state agencies to pay the same prices for prescription drugs as the U.S. Department of Veterans Affairs (VA).[3]
  • Mission

    According to the company's website, Gaxosmithkline had the following mission statement: "Our mission is to help people do more, feel better, live longer."[4]

    Background

    Glaxosmithkline was formed in 2001 through the merger of GlaxoWellcome plc and SmithKline Beecham plc. As a global healthcare company, Glaxosmithkline "researches and develops a broad range of innovative products in three primary areas of pharmaceuticals, vaccines and consumer healthcare." The company's product portfolio included treatments for HIV/AIDS, malaria, and tuberculosis as well as consumer brands, including Sensodyne, Aquafresh, and Tums.[1][5]

    As of October 2016, Glaxosmithkline maintained commercial, research, and manufacturing operations in over 150 countries.[6]

    Work

    Lobbying

    The following table displays Glaxosmithkline's federal lobbying expenditures according to the Center for Responsive Politics:[7]

    Federal lobbying expenditures for Glaxosmithkline, 2010-2015
    Year Total expenditures
    2015 $4,075,000
    2014 $4,370,000
    2013 $3,720,000
    2012 $4,920,000
    2011 $5,445,000
    2010 $6,070,000

    Political activity

    As of 2016, Glaxosmithkline aimed to support its public policy priorities through participation in the U.S. political process. According to the company's website, Glaxosmithkline's priorities aimed "to advance a supportive environment that enables patients and consumers to benefit from value-adding medicines, vaccines and healthcare products."[8]

    Glaxosmithkline made political contributions to federal candidates through GSK PAC, its voluntary, employee-funded political action committee. As of 2016, the company did not make direct corporate contributions to state or local candidates or political committees, even when permissible by law. Glaxosmithkline was a member of 501(c)(6) professional industry and trade organizations that aim to advocate for the interests of the pharmaceutical industry, such as Pharmaceutical Research and Manufacturers of America (PhRMA).[8][9]

    Ballot measure activity

    Glaxosmithkline took positions on ballot measures that seek to impact prescription drug pricing. The company opposed the 2016 California Drug Price Standards Initiative (Proposition 61), which proposed to regulate drug prices by requiring state agencies to pay the same prices for prescription drugs as the U.S. Department of Veterans Affairs (VA).[3]

    Overview of ballot measure support and opposition

    The following table details Glaxosmithkline's ballot measure stances available on Ballotpedia:

    Ballot measure support and opposition for Glaxosmithkline
    Ballot measure Year Position Status
    California Proposition 61, Drug Price Standards (2016) 2016 Opposed[3]  DefeateddDefeated
    California Proposition 78, Prescription Drug Discount Program Initiative (2005) 2005 Supported[10] Defeatedd Defeated

    Leadership

    The following individuals held leadership positions with Glaxosmithkline in October 2016:[11]

    • Sir Andrew Witty, Chief executive officer
    • Emma Walmsley, Chief executive officer designate
    • Roger Connor, President, global manufacturing and supply
    • Luc Debruyne, President, global vaccines
    • Simon Dingemans, Chief financial officer
    • Nick Hirons, Senior vice president, global ethics and compliance
    • Abbas Hussain, President, global pharmaceuticals
    • Brian McNamara, CEO, GSK Consumer Healthcare
    • David Redfern, Chief strategy officer
    • Moncef Slaoui, Chairman, global vaccines
    • Claire Thomas, Senior vice president, human resources
    • Phil Thomson, Senior vice president, communications and government affairs
    • Dan Troy, Senior vice president and general counsel
    • Patrick Vallance, President, pharmaceuticals R&D

    Recent news

    The link below is to the most recent stories in a Google news search for the terms Glaxosmithkline. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.

    See also

    External links

    Footnotes