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drug_recall drug_companyGlaxoSmithKline is the second largest pharmaceutical manufacturer and researcher in the world. The company is headquartered in the UK and has operations and offices in the US. GlaxoSmithKline''s worldwide sales make up about 7% of the drug market.
GSK has over 100,000 employees. At least 40,000 of their employees are involved in sales and marketing. That accounts for some 40% of the company''s resources that goes into selling their products.
GSK was formed in 2000 as a merger between Glaxo Wellcome and SmithKline Beecham, two companies formed out of previous mergers themselves.
During the late 1990s, GSK CEO Jean-Pierre Garnier was targeted by groups alleging price gouging in its antiretroviral drug pricing in its AIDS drug sales to African countries. Also, GSK faced controversy for corruption involving patent protection and access to their medications.
In 2004 a widely reported on class action lawsuit was filed in New York on behalf of consumers of GSK''s drug Paxil. The lawsuit alleges that the company knowingly covered up information about Paxil''s links to suicide and suicidal thoughts, especially in young people.
GSK is also the target of controversy by animal rights groups because of the drug company''s affiliation with animal testing company Huntingdon Life Sciences (HLS), known in the US as Life Sciences Research, Inc. The animal rights groups allege severe abuse of animals and unprofessional behavior during research.
Controversial drugs that the company is responsible for include:
Avandia – A prescription medication made for treating type II diabetes. Avandia has been linked to several instances of serious side effects including liver damage and failure, weight gain, fluid retention, anemia, and heart failure.
Lamictal – A prescription medication used in treating convulsions in patients with various types of diseases. Lamictal has been linked to serious skin rashes and the development of cases of Stevens-Johnson syndrome.
Paxil – A prescription medication used in treating depression. Paxil is very controversial because reports of suicides, suicidal thoughts, mania, homicides, and other abuse have occurred in patients on the medication.
Serevent – An asthma medication dispensed through an inhaler. The active ingredient of Serevent is salmeterol, a primary component of Glaxo''s other asthma drugs Serevent Diskus and Advair Diskus. Deaths have been linked to salmeterol and have prompted the FDA to put the drug on a “black box” warning.
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