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Glaxosmithkline is a global leader in the market of pharmaceutical goods and services, currently holding 7% of market share in this field. Formerly Glaxo Wellcome plc, the firm merged in December 2000 with Smithkline Beecham, a leading manufacturer of medical and consumer healthcare goods. , however there is much dispute over the motives behind the merger and what Glaxo Wellcome sought to gain through the collaboration. This is of particular concern as following the merger, many shareholders and city analysts have criticised the firm for not yielding the predicted benefits from the merger, particularly with regard to an innovative product pipeline. It has been argued that the purpose of the merger was to serve as a method of consolidating Glaxo Wellcome's position in the pharmaceutical market, following competitive threats from generic products and reports of stifled profits. However, others have argued that the reason behind the merger was to facilitate the production of innovative......
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Title: Gsk
Approximate Word Count: 3704
Approximate Pages: 15 (250 words per double-spaced page)
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