Recherche et Industrie Thérapeutiques explained

Recherche et Industrie Thérapeutiques
Fate:Merged with Glaxo and SmithKline to form GlaxoSmithKline
Predecessors:-->
Successors:-->
Founded: in Genval, Belgium
Founder:Dr Pieter De Somer
Areas Served:-->
Key People:Roger Connor, CEO
Owners:-->

Recherche et Industrie Thérapeutiques (R.I.T.) was founded in Genval, Belgium, as a penicillin factory in 1945 by Dr Pieter De Somer, who later became the founder of the Rega Institute for Medical Research and rector of the Katholieke Universiteit Leuven (Leuven, Belgium). The industrialist Jean Lannoye provided the funding for the company. The company started its vaccine research and production in the 1950s. The present CEO of the company is Roger Connor.

In 1968, the company was acquired by Smith, Kline & French and the name was changed to SmithKline-RIT. In 1989, it became SmithKline Beecham Biologicals, and since 2000 GlaxoSmithKline Biologicals.

History

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Notes and References

  1. News: Petersen. Andrew Ross Sorkin With Melody. 17 January 2000. Glaxo and SmithKline Agree To Form Largest Drugmaker. en-US. The New York Times. 25 June 2020. 0362-4331.