Burroughs Wellcome & Co.

Rated 5.00 out of 5 based on 2 customer ratings
(2 customer reviews)

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Knowledge, Trust, Profit and the Transformation of the British Pharmaceutical Industry, 1880-1940

A history of Burroughs Wellcome & Co., the largest manufacturer of pharmaceuticals in Britain and the most significant company in this sector before the Second World War.

 

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Description

Rarely in modern British history has a medium-sized company exercised such a dominant influence on an individual industry as did Burroughs Wellcome & Co. It was the largest manufacturer of pharmaceuticals in Britain, and the most significant company in this sector before the Second World War. Part of its commercial success was based upon its use of innovative marketing methods, such as product development, branding, advertising, salesmanship, market research, and resale price maintenance (of which Burroughs Wellcome was a pioneer as early as the 1880s).

Perhaps more importantly the company’s pre-eminence and influence lay in its extensive promotion of scientific research: through a series of research laboratories established by the company in the 1890s – unprecedented in the industry – remarkable scientific advances were made which won the company unique prestige, and established an unrivalled reputation and level of trust, especially among the medical community which used and recommended its products. Of particular importance was Henry Wellcome’s success in achieving registration for the laboratories under the Cruelty to Animals Act, which allowed staff to perform animal experiments from the beginning of the twentieth century onwards.

There was always significant tension between marketing for commercial profit on the one hand, and the advancement of medical research on the other. This tension intensified as the company’s relative position in the industry diminished. Before 1914 the strong relationship of trust between the firm and its consumers and clients had been a central factor the company’s success. Thereafter the erosion of trust between managers and scientists who were pursuing sometimes conflicting priorities – and between managers in overseas subsidiary companies and London – is central to understanding the company’s difficulties from the 1920s onwards, and represents a continuing problem in the pharmaceutical industry.

  • Author: Roy Church and E.M. Tansey
  • Binding: Hardback and paperback
  • ISBN: 978-1-905472-04-8 (hb), 978-1-905472-07-9 (pb)
  • Pages: 592
  • Illustrations: over 200
  • Date of Publication: 2007
  • Dimensions: 243 × 169 mm

2 reviews for Burroughs Wellcome & Co.

  1. Rated 5 out of 5

    Dr P.M. Worling, Pharmaceutical Historian

    Thoroughly recommended
    Burroughs Wellcome & Co. was at the heart of the development of our modern pharmaceutical industry. Its history and development are essential knowledge to an understanding of the industry in the United Kingdom. This book can be thoroughly recommended to anyone interested in the history of pharmacy and particularly in the history of the pharmaceutical industry in Britain.

  2. Rated 5 out of 5

    Gerben Bakker, London School of Economics, in Medical History 54(2), March 2010

    An outstanding contribution
    This is an outstanding contribution to British economic and business history, to the history of the British pharmeceutical industry and to British medical history. In addition it provides fresh glimpses of the life of Sir Henry Wellcome. That the book is at the cross-roads of several fields makes it all the more interesting. This is a monumental achievement that deserves to be widely read.

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