GlaxoSmithKline: Prospects to 2010
Espicom Healthcare Intelligence - 10/31/2006
Pharmaceutical company intelligence reports from Espicom provide a full review of the company's activities together with five-year sales forecasts for its key products. The company's financial performance is covered in-depth, from its latest results to a complete analysis of its latest full fiscal year and an outlook for the future. A section on company strategy covers mergers, acquisitions and divestitures, key agreements, products and R&D. An overview of key products and R&D is followed by a comprehensive review of the company's product portfolio and research and development pipeline by therapeutic area. In addition, supplementary appendices provide more in-depth information on financials, agreements and corporate events.
Headquartered in the UK and with operations based in the US, GSK is one of the leading ethical pharmaceutical companies in the industry with an estimated seven per cent share of the world's pharmaceutical market. GlaxoSmithKline was formed in 2000 as a result of the merger of Glaxo Wellcome and SmithKline Beecham. In 2005, it was the world's second largest research-based pharmaceutical company based on pharmaceutical sales.
GSK employs over 100,000 people in 116 countries, with over 40,000 of these in sales and marketing, the largest sales force in the industry. GSK has a broad portfolio, with projects in the fields of respiratory, central nervous system, anti-infectives, metabolic disorders, oncology, cardiovascular and urogenital. In addition, GSK has an extensive vaccines portfolio. According to GSK, it supplied one quarter of the world's vaccines and by the end of 2005 and had a further 25 in clinical development. The company has a leading position in genomics/genetics and new drug discovery technologies. GSK also has a Consumer Healthcare portfolio comprising over-the-counter medicines, oral care products and nutritional healthcare drinks, all of which are among the market leaders.
Current Growth Drivers
GSK's key growth drivers in 2005 were:
Advair which maintained its strong growth in the US and Europe with sales of £1,687 million and £1,033 million, respectively.
Flonase for perennial rhinitis also showed strong growth in the US.
Wellbutrin XL performed exceptionally well, helping to offset the decline in sales of the immediate-release products due to generic competition.
Antivirals grew by 10 per cent, with HIV products up by 2 per cent. Sales of Valtrex, for herpes, grew by 26 per cent driven by patients switching to suppression therapy.
Sales of Avandia/Avandamet increased by 14 per cent, whilst antibacterial sales declined by 27 per cent as a result of generic competition that began in the third quarter 2002. Coreg sales increased by 33 per cent to £568 million reflecting the benefit of its wide range of indications.
Vaccines also performed well in 2005, growing by 26 per cent, reflecting a strong performance of Pediarix and Fluarix.
- Principal Operating Results
- Latest Results
- EXECUTIVE SUMMARY
- Introduction
- Current Growth Drivers
- Key Late-Stage Products
- Financial Performance 2005
- Sales and Market Position
- Income
- Operating Income By Business Area
- Expenditure
- Capital Expenditure
- Capital Expenditure By Business Area
- Capital Expenditure By Geographic Area
- R&D Expenditure
- Research & Development Expenditure By Business Area
- Divisional Performance
- Sales By Business Area
- Sales By Therapeutic Area
- Geographic Performance
- Sales By Destination
- Total Assets By Geographical Area
- Company Strategy
- Mergers, Acquisitions and Divestitures
- Acquisitions
- Divestitures
- Key Agreements
- Production
- Employees
- Employees By Geographical Area
- Employees By Function
- Product/R&D Overview
- Key Products
- Recent Product Launches
- Recent Product Approvals
- R&D Strategy
- Key R&D Projects
- R&D Pipeline Overview
- Discontinued R&D Projects
- GI181771
- 204937
- GW810781 (S-1360)
- Vilazodone (SB659746A)
- GW320659 (1555U88)
- GW328267
- Hepatitis B vaccine
- GW409544
- Cantuzumab mertansine (SB408075)
- Factive
- GW650250A
- GW876167 (BVT933)
- GW660511 (Z13752A)
- 202405
- 221149
- 423557
- 423562
- 493838
- 656933
- 766994
- 825964
- Allergy Vaccine
- Goxalapladib
- GW695634
- GW873140
- Conclusion/Outlook
- Sales Forecasts
- PRODUCT PORTFOLIO / RESEARCH & DEVELOPMENT
- Major Products, Therapeutic Areas And Sales
- R&D Pipeline
- Respiratory - Products
- Sales Of Major Respiratory Products
- Major Launched Products
- Mode of Action
- Sales
- Key Markets/Indications
- Generic Competition
- Sales Forecast
- Flixotide/Flovent
- Mode of Action
- Sales
- Key Markets/Indications
- Delivery Systems - Diskus
- Delivery Systems - Flovent Rotadisk
- Delivery Systems - Others
- Patents/Licensees
- Competitor Products
- Sales Forecast
- Seretide/Viani/Advair
- Mode of Action
- Sales
- Key markets/Indications
- Delivery Systems - Diskus Dry Powder Inhaler
- Delivery Systems - Seretide Evohaler (MDI)
- Delivery Systems - Other
- Further Development
- Patents/Licensees
- Safety Issues
- Competitor Products
- Lawsuits
- Sales Forecast
- Serevent
- Mode of Action
- Sales
- Key Markets/Indications
- Delivery Systems -Diskus/Accuhaler
- Delivery Systems - Other
- Patents/Licensees
- Sales Forecast
- Respiratory - R&D
- 159797 (TD-3327)
- 159802
- 233705
- 256066
- 597901
- 642444
- 656398
- 678007
- 681323
- 799943
- 856553
- 870086
- 961081
- Allermist/Avamys
- Mode of Action
- Development Status
- Ariflo
- Mepolizumab (SB240563)
- Respiratory - Summary
- Growth Potential
- Limiting Factors
- Neurosciences - Products
- Sales
- Sales Of Major CNS Disorder Products
- Major launched products
- Imigran/Imitrex
- Mode of Action
- Sales
- Key Markets/Indications
- New Formulations
- Patents/Lawsuits
- Competitor Products
- Generic Competition
- Sales Forecast
- Clinical Trial Results - Trexima
- Lamictal
- Mode of Action
- Sales
- Key Markets/Indications
- Further Development
- Patents/Licensees
- Generic Competition/Lawsuits
- Sales Forecast
- ReQuip/Adartel
- Mode of Action
- Sales
- Key Markets/Indications
- Further Development
- Patents/Licensees
- Sales Forecast
- Clinical Trial Results - Requip ER
- Seroxat/Paxil
- Mode of Action
- Sales
- Key Markets/Indications
- Paxil CR
- Patents/Licensees
- Safety Issues
- Competitor Products
- Generic Competition
- Sales Forecast
- Wellbutrin
- Mode of Action
- Sales
- Key Markets/Indications
- Wellbutrin Once-Daily/Wellbutrin XL
- Further Development
- Patents/Licensees
- Competitor Products
- Lawsuits/Generic Competition
- Sales Forecast
- Zyban
- Mode of Action
- Sales
- Key Markets/Indications
- Lawsuits/Generic Competition
- Sales Forecast
- Neurosciences - R&D
- 163090
- 189254
- SB234551
- 274150
- 372475 (NS2359)
- GW406381
- 406725 (406724A)
- GW468816
- 644784
- SB683699 (T-0047)
- SB737004 (S-0139)
- 705498
- 742457
- 773812
- 823296
- 842166
- 876008
- AERx Pulmonary Drug Delivery System
- Casopitant
- Radafaxine
- Talnetant (SB223412)
- Vestipitant (GW597599)
- Neurosciences - Summary
- Growth Potential
- Limiting Factors
- Infectious Diseases - Products
- Sales Of Major Antiviral Products
- Sales Of Major Antibacterial Products
- Major launched products
- Agenerase
- Mode of Action
- Sales
- Key Markets/Indications
- Patents/Licensees
- Competitor Products
- Sales Forecast
- Clinical Trial Results
- Augmentin
- Mode of Action
- Sales
- Key Markets/Indications
- Patents/Licensees
- Generic Competition/Lawsuits
- Sales Forecast
- Combivir
- Mode of Action
- Sales
- Key Markets/Indications
- Compassionate Use Programmes
- Patents/Licensees
- Competitor Products
- Generic Competition
- Sales Forecast
- Epivir
- Mode of Action
- Sales
- Key Markets/Indications
- Patents/Licensees
- Competitor Products
- Generic Competition
- Sales Forecast
- Epzicom/Kivexa
- Mode of Action
- Key Markets/Indications
- Clinical Trial Results
- Lapdap
- Mode of Action
- Key Markets/Indications
- Further Development
- Clinical Trial Results
- Relenza
- Mode of Action
- Sales
- Key Markets/Indications
- Diagnostic Tests
- Patents/Lawsuits
- Licensees
- Sales Forecast
- Retrovir
- Sales
- Key Markets/Indications
- Competitor Products
- Generic Competition
- Lawsuits
- Sales Forecast
- Trizivir
- Mode of Action
- Sales
- Key Markets/Indications
- Patents/Licensees
- Competitor Products
- Lawsuits
- Sales Forecast
- Clinical Trial Results
- Valtrex/Zelitrex
- Mode of Action
- Sales
- Key Markets/Indications
- Patents/Licensees
- Lawsuits
- Sales Forecast
- Zeffix/Heptovir/Epivir-HBV
- Mode of Action
- Sales
- Key Markets/Indications
- Further Development
- Patents/Licensees
- Sales Forecast
- Ziagen
- Mode of Action
- Sales
- Key Markets/Indications
- Patents/Licensees
- Competitor Products
- Generic Competition
- Sales Forecast
- Zinnat/Ceftin
- Mode of Action
- Sales
- Key Markets/Indications
- Patents/Licensees
- Generic Competition/Lawsuits
- Sales Forecast
- Zovirax
- Mode of Action
- Sales
- Key Markets/Indications
- Patents/Licensees
- Generic Competition
- Sales Forecast
- Infectious Diseases - R&D
- GR270773
- 565154
- 742510
- 825780
- Altabax
- Clinical Trial Results
- Brecanavir
- Etaquine
- Farglitazar
- Sitamaquine
- Infectious Diseases - Summary
- Growth Potential
- Limiting Factors
- Cardiovascular - Products
- Sales Of Cardiovascular And Urogenital Products
- Major launched products
- Arixtra
- Mode of Action
- Sales
- Key Markets/Indications
- Further Development
- Competitor Products
- Clinical Trial Results
- Coreg
- Mode of Action
- Sales
- Key MarketsIIndications
- Competitor Products
- Patents/Licensees
- Generic Competition
- Sales Forecast
- Clinical Trial Results
- Cardiovascular - R&D
- 256073
- GW501516
- 590735
- 681323
- 813893
- 856553
- Darapladib (480848; SB480848)
- Odiparcil
- Rilapladib
- Cardiovascular- Summary
- Growth Potential
- Urologenital - Products
- Major launched products
- Avolve/Avodart
- Mode of Action
- Sales
- Key Markets/Indications
- Further Development
- Sales Forecast
- Clinical Trial Results
- Levitra
- Mode of Action
- Sales
- Key Markets/Indications
- Patents/Licensees
- Safety Issues
- Urogenital - R&D
- 366074
- Casopitant
- Solabegron (GW427353)
- Urogenital - Summary
- Growth Potential
- Limiting Factors
- Musculoskeletal & Inflammation - R&D
- 232802
- 267268
- 270384
- 274150
- 681323
- SB683699 (T-0047)
- 751689
- 768974
- 842470
- 856553
- 876008
- Entereg
- Mode of Action
- Development Status
- Clinical Trial Results - Opioid-induced Gastrointestinal
- Side Effects
- Clinical Trial Results - Post-Operative Ileus
- Mepolizumab (SB240563)
- Pazopanib (786034)
- Relacatib (462795; SB462795)
- Musculoskeletal & Inflammation - Summary
- Growth Potential
- Limiting Factors
- Metabolic - Products
- Sales Of Major Metabolic Products
- Avandia/Avandamet
- Mode of Action
- Sales
- Key Markets/Indications
- Avandamet (rosiglitazone+metformin)
- Avandaryl
- Further Development
- Safety Issues
- Licensees
- Competitor Products
- Patents/Lawsuits/Generic Competition
- Sales Forecast
- Clinical Trial Results - Diabetes Prevention
- Bondronat/Bonviva
- Mode of Action
- Sales
- Key Markets/Indications
- Patents/Licensees
- Clinical Trial Results
- Metabolic - R&D
- 189075
- 625019
- GW677954
- 716155
- 869682
- 856464
- Radafaxine
- Redona
- Solabegron (GW427353)
- Metabolic - Summary
- Growth Potential
- Limiting Factors
- Gastrointestinal - Products
- Zantac
- Mode of Action
- Sales
- Key Markets/Indications
- Further Development
- Patents/Generic Competition
- Sales Forecast
- Gastrointestinal - Summary
- Oncology - Products
- Sales Of Major Oncology Products
- Major launched products
- Atriance/Arranon
- Mode of Action
- Key Markets/Indications
- Clinical Trial Results
- Hycamtin
- Mode of Action
- Sales
- Key Markets/Indications
- Further Development
- Patents/Licensees
- Sales Forecast
- Zofran
- Mode of Action
- Sales
- Key Markets/Indications
- Patents/Licensees
- Competitor Products
- Generic Competition
- Sales Forecast
- Oncology - R&D
- 559448
- 743921
- Casopitant
- Elacridar
- Eltrombopag (SB-497115)
- Clinical Trial Results
- Ethynylcytidine (SB596168)
- Iboctadekin (485232)
- Ispenesib (SB715992)
- Clinical Trial Results
- Pazopanib (786034)
- Tykerb (lapatinib; GW570216)
- Clinical Trial Results
- Vestipitant (GW597599)
- Oncology - Summary
- Growth Potential
- Vaccines - Products
- Sales Of Major Vaccines
- Major launched products
- Boostrix
- Mode of Action
- Key Markets/Indications
- Fluarix
- FluLaval/Fluviral
- Menitorix
- Paediatric Vaccines - Products
- Infanrix/DTPa and Combinations
- Sales
- Key Markets/Indications
- Combination Vaccines
- Patents/Licensees
- Sales Forecast
- Priorix
- Rotarix
- Mode of Action
- Key Markets/Indications
- Vaccines - R&D
- Cervarix
- Clinical Trial Results
- Dengue Fever Vaccine
- Epstein Barr Virus Vaccine
- Flu improved
- Flu Intranasal (FluINsure; FluNsure)
- Flu Pandemic
- Hepatitis E Vaccine (GLE438; GL438)
- Herpes Vvaccine
- HIV Vaccine
- Mosquirix Vaccine
- Clinical Trial Results
- Simplirix
- Streptococcus Pneumoniae Vaccine
- Tuberculosis Vaccine
- Varicella Zoster Vaccine
- Paediatric Vaccines - R&D
- Hib-MenCY-TT
- Globorix
- MenACWY-TT
- Streptorix
- Pharmaccines - R&D
- Breast Cancer Vaccine
- Clinical Trial Results
- Melanoma/Lung Cancer Vaccine
- Prostate Cancer Vaccine
- Vaccines - Summary
- Growth Potential
- APPENDIX 1 - FINANCIAL PERFORMANCE
- Full Year Results 2005
- APPENDIX 2 - KEY AGREEMENTS
- Adherex Technologies Inc
- 15th July 2005
- 28th September 2006
- 11th October 2006
- Adolor Corporation
- 14th April 2002
- 3rd January 2005
- Aeras Global TB Vaccine Foundation
- 20th October 2005
- Antigenics Inc
- 10th July 2006
- Aphton Corporation
- 19th June 1998
- Asahi Chemical Industry Co
- 16th February 2000
- Astellas Pharma
- 21st May 1998
- 7th June 2000
- 4th June 2003
- 8th August 2003
- AVANT Immunotherapeutics Inc
- 19th October 1995
- 11th December 1997
- 9th March 2006
- 20th September 2006
- Bavarian Nordic
- 15th July 2004
- Bayer
- 1997
- 22nd July 1997
- 15th November 2001
- 18th February 2002
- 10th January 2005
- bioMérieux-Pierre Fabre
- 10th January 2000
- Bioseek Inc
- 6th July 2006
- Biovail Corporation International
- 5th May 1998
- October 2001
- 27th December 2002
- 27th December 2002
- Boehringer Ingelheim
- 13th March 1998
- 12th July 2004
- Bristol-Myers Squibb
- May 1995
- 17th February 2000
- 9th August 2002
- ChemoCentryx
- 24th August 2006
- Crucell NV/Walter Reed Army Institute of Research
- 22nd October 2003
- 13th August 2004
- Cytokinetics Inc
- 25th June 2001
- 13th December 2005
- 19th June 2006
- Daiichi Sankyo
- 1993
- 15th July 1998
- 3rd December 2001
- 27th January 2003
- Dainippon Sumitomo Pharma
- 28th December 2000
- 25th April 2002
- Exelixis Inc
- 10th January 2005
- 9th May 2005
- Galapagos nv
- 5th January 2005
- 7th June 2006
- Genstruct Inc
- 8th August 2006
- Human Genome Sciences Inc (HGS)
- May 1993
- 1995/1996
- June 1996
- 25th July 1997
- 16th October 2000
- 26th October 2004
- 7th July 2005
- 18th August 2005
- 10th January 2006
- diaDexus Agreement
- 16th October 2003
- Institut Pasteur
- 17th December 2003
- 28th November 2005
- Japan Tobacco (JT)
- 20th April 2006
- Kissei Pharmaceutical
- 8th April 2006
- Ludwig Institute for Cancer Research (LICR)
- 4th June 2006
- MedImmune Inc/Aviron Inc
- 8th October 1995
- 10th December 1997
- 19th July 2000
- 29th August 2005
- Merck & Co
- 14th April 1999
- 2nd February 2005
- Millennium Pharmaceuticals Inc
- 23rd June 2004
- Neurocrine Biosciences Inc
- 24th July 2001
- NeuroSearch A/S
- 25th November 2002
- 19th December 2003
- November 2004
- NiKem Research srl
- 10th June 2002
- 19th February 2003
- 1st August 2003
- 8th January 2004
- Novo Nordisk
- 14th April 1998
- Organon
- 7th January 2004
- 13th April 2004
- Pharmacopeia Inc
- 30th March 2006
- Pozen Inc
- 12th June 2003
- 16th July 2003
- 18th May 2004
- Ranbaxy Laboratories Limited
- 11th March 1999
- 16th October 2001
- 22nd October 2003
- Roche
- 1st February 1999
- 22nd December 2000
- 7th December 2001
- 19th July 2004
- 12th April 2005
- Shionogi
- 19th October 2001
- 3rd March 2003
- Sirna Therapeutics Inc
- 3rd April 2006
- 4th May 2006
- SkyePharma PLC
- March 1996
- 13th September 1999
- 5th January 2004
- 28th April 2005
- Taiho Pharmaceutical Company Ltd
- 25th July 2000
- Tanabe
- 11th September 2001
- 18th June 2002
- Teva Pharmaceutical Industries Ltd
- 1st July 2003
- The International AIDS Vaccine Initiative (IAVI) 238
- 21st June 2005
- The Malaria Vaccine Initiative (MVI) at Program for
- Appropriate Technology in Health (PATH)
- 1st March 2001
- The Wellcome Trust / Institute of Cancer Research
- 27th July 2006
- Theravance Inc
- 6th January 2003
- 11th May 2004
- 21st March 2005
- Unigene Laboratories Inc
- University of California, San Francisco (UCSF)/Medicines for Malaria Venture (MMV)
- 11th October 2001
- 13th June 2003
- Vertex Pharmaceuticals Inc
- Aurora Biosciences Agreement
- 10th January 2001
- 15th December 1999
- Vertex agreement
- December 1993
- 13th December 2005
- Vitae Pharmaceuticals Inc
- 20th June 2005
- 13th July 2005
- World Health Organization (WHO)
- 2nd March 2001
- 23rd April 2004
- APPENDIX 3 - INFRASTRUCTURE
- Research and Development Facilities
- Manufacturing Facilities/Supply Chain
- Regional Manufacturing
- APPENDIX 4 - KEY PHARMACEUTICAL SUBSIDIARIES/JOINT VENTURES
- Subsidiaries
- Joint Ventures
- APPENDIX 5 - PRODUCT INDEX
- INDEX OF TABLES
- Principal Operating Results
- Operating Income By Business Area
- Capital Expenditure By Business Area
- Capital Expenditure By Geographic Area
- Research & Development Expenditure By Business Area
- Sales By Business Area
- Sales By Therapeutic Area
- Sales By Destination
- Total Assets By Geographical Area
- Employees By Geographical Area
- Employees By Function
- Recent Product Launches
- Recent Product Approvals
- Key R&D Projects
- Major Products, Therapeutic Areas And Sales
- R&D Pipeline
- Sales Of Major Respiratory Products
- Major Launched Products
- Sales Of Major CNS Disorder Products
- Major launched products
- Sales Of Major Antiviral Products
- Sales Of Major Antibacterial Products
- Major launched products
- Sales Of Cardiovascular And Urogenital Products
- Major launched products
- Major launched products
- Sales Of Major Metabolic Products
- Sales Of Major Oncology Products
- Major launched products
- Sales Of Major Vaccines
- Major launched products
- INDEX OF CHARTS
- Sales, Costs and Operating Income
- Operating Income By Business Area, 2005
- Capital Expenditure By Geographic Area, 2005
- Capital Expenditure By Geographic Area, 2004
- R&D Expenditure By Business Area
- Sales By Business Area
- Breakdown Of Sales By Therapeutic Area, 2005
- Sales of Top 5 Therapeutic Areas
- Sales By Destination, 2005
- Total Assets By Geographical Area
- Employees By Geographical Area, 2005
- Employees By Function
- Employees and Productivity
- Sales Of Current Top 10 Products (2000A-2010E)
- Top Selling Products, 2005
- Sales Of Major Respiratory Products, 2005
- Flixonase/Flonase Sales (2000A-2010E)
- Flixotide/Flovent Sales (2000A-2010E)
- Seretide Sales (2000A-2010E)
- Serevent Sales (2000A-2010E)
- Sales Of Major CNS Disorder Products, 2005
- Imigran/Imitrex Sales (2000A-2010E)
- Lamictal Sales (2000A-2010E)
- ReQuip/Adartel Sales (2000A-2010E)
- Seroxat/Paxil Sales (2000A-2010E)
- Wellbutrin Sales (2000A-2010E)
- Zyban Sales (2000A-2010E)
- Sales Of Major Antiviral Products, 2005
- Sales Of Major Antibacterial Products, 2005
- Agenerase Sales (2000A-2010E)
- Augmentin Sales (2000A-2010E)
- Combivir Sales (2000A-2010E)
- Epivir Sales (2000A-2010E)
- Retrovir Sales (2000A-2010E)
- Trizivir Sales (2000A-2010E)
- Valtrex/Zelitrex Sales (2000A-2010E)
- Zeffix Sales (2000A-2010E)
- Ziagen Sales (2000A-2010E)
- Zinnat Sales (2000A-2010E)
- Zovirax Sales (2000A-2010E)
- Sales Of Cardiovascular And Urogenital Products, 2005
- Coreg Sales (2000A-2010E)
- Avolve/Avodart Sales (2000A-2010E)
- Sales Of Major Metabolic Products, 2005
- Avandia/Avandamet Sales (2000A-2010E)
- Zantac Sales (2000A-2010E)
- Sales Of Major Oncology Products
- Hycamtin Sales (2000A-2010E)
- Zofran Sales (2000A-2010E)
- Sales Of Major Vaccines, 2005
- Infanrix Sales (2000A-2010E)
- Sales, Costs and Operating Income
- Profitability and Research Ratios
- R&D Expenditure and Capital Expenditure
- Current Assets, Liabilities and Ratio
- Assets, Cash and Liquidity
- Employees and Productivity