Recherche et Industrie Thérapeutiques

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 Jean Stéphenne.

Recherche et Industrie Thérapeutiques
FateMerged with Glaxo and SmithKline to form GlaxoSmithKline
Founded1945 (1945) in Genval, Belgium
FounderDr Pieter De Somer
Defunct2000 (2000)
Headquarters
Rixensart 
,
Belgium 
Key people
Jean Stéphenne, CEO

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

History
  • 1945: Creation under the name of R.I.T. in Genval
  • 1956: Beginning of the activity of production of vaccines (polio vaccine)
  • 1958: Acquisition of the site in Rixensart
  • 1968: R.I.T. becomes a subsidiary company of SmithKline Corp.
  • 1989: Merger between SmithKline and Beecham
  • 1992: Acquisition of SSW-Dresden (Germany)
  • 1995: Extension of the site of Rixensart towards two new sites in Belgium:
  • 1995: Agreement on a joint-venture in China
  • 1997: Agreement on a joint-venture in Russia
  • 1998: Collaboration agreement with Egypt
  • 1999: Agreement on a partnership with Brazil
  • 2000: Merger between Glaxo and SmithKline to form GlaxoSmithKline[1]
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See also

References
  1. Petersen, Andrew Ross Sorkin With Melody (2000-01-17). "Glaxo and SmithKline Agree To Form Largest Drugmaker". The New York Times. ISSN 0362-4331. Retrieved 2020-06-25.


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