AEGiS-GMHC: Treatment briefs: Is a Sale in Wellcome's Future? Gay Men's Health CrisisImportant note: Information in this article was accurate in 1994. The state of the art may have changed since the publication date.
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Treatment briefs: Is a Sale in Wellcome's Future?

Treatment Issues, Vol. 8, No. 11 - December 1994
David Gold


Some analysts are speculating that Wellcome, the United Kingdom-based parent of Burroughs Wellcome, may be sold in the not-too-distant future. They cite recent disappointments for the company, including the failure of valaciclovir to beat SmithKline's famciclovir to market, the inability to obtain rights to Glaxo's 3TC, and the mixed messages coming out about the Vertex/Wellcome protease inhibitor program. More importantly, these analysts suggest, Wellcome is a mid- size drug company without the "critical mass" of research and products in the pipeline that industry giants like Merck, Roche, Glaxo and Pfizer possess. A sale of the company could have a big impact on AIDS research and the many community- based organizations that rely on the company for financial support.


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Copyright © 1994 - Treatment Issues. Reproduced with permission. Treatment Issues is published twelve times yearly by GMHC, Inc. All rights reserved. Noncommercial reproduction is encouraged. Subscription lists are kept confidential. GMHC Treatment Issues, The Tisch Building, 119 West 24th Street, New York, NY 10011  fredg@gmhc.org  http://www.gmhc.org

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