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Block Drug

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Although Alexander Block built the company largely through acquisitions, he developed the Polident brand internally during the 1930s. In 1948, Block Drug rolled out the Ammi-i-Dent tooth powder, and in the early 1950s, the company developed Nytol. After Alexander Block's death in 1953, his son
281:– Block named as its president James Block, who was the grandson of Alexander Block and the nephew of Leonard N. Block. In 1988, James became chairman as his uncle, Leonard N. Block became senior chairman. At the same time, Leonard N. Block's son, Thomas, became the company's president. 27: 394:
Although Block Drug was a public company from 1971 until 2001, it operated much like a private, family-run firm, with the Block family holding all voting shares plus 54 percent of the non-voting stock. In addition, the company never held annual meetings or issued proxy statements.
355:– A major restructuring took place but was not successful. As part of that, the company divested Carpet Fresh, Rug Fresh, 2000 Flushes and X-14. Lava was later sold to 240:. He turned the company into a wholesaler in 1915, then became a drug manufacturer in 1925, acquiring a 50 percent interest in Wernet's Dental Manufacturing Company. 182:, that specialized in dental care products. Its most popular products included Polident denture cleanser, Poli-Grip denture adhesive, Dentu-Creme denture toothpaste, 1438: 646:
Clark, Andrew (October 7, 2000). "SmithKline to swallow Sensodyne: Aquafresh maker lines up Dollars 1.2bn bid for privately owned toothpaste company Block Drug".
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toilet bowl cleaner manufacturer Flushco. In 1985, Block Drug acquired the X-14 line of hard surface cleaners from White Laboratories. Block Drug later acquired
1448: 385:– At the time of its sale to Glaxo, Block Drug was reported to have $ 900 million in annual sales, operations in 100 countries and employed 3,000 people. 1428: 454: 251:
Leonard N. Block (1911–2005) took over, eventually becoming the company's chairman. The last major new product the company introduced was Tegrin, in 1964.
317:– Sales began to fall as Block Drug's products began to age and face new competition, and the problem was exacerbated by a lack of new products. 275:. Two years later, another stock sale generated $ 23 million. Later in the 1970s, Efferdent took over from Polident as the No. 1 brand in its space. 229: 1463: 1458: 1433: 1334: 1453: 1468: 802: 329:– Block Drug divested its U.S. Reed and Carnrick Pharmaceuticals Division to Schwarz Pharma KermersUrban and also purchased 1423: 1327: 1473: 470: 944: 717: 349:– Block Drug purchased the Baby's Own line of baby care products, and then acquired Beano antigas tablets in 1997. 1341: 1348: 587: 1365: 1274: 293:– The company acquired Phazyme/700 from the Stuart division of ICI, leading to the OTC entrance of Phazyme. 1320: 682: 287:– Block Drug entered the feminine hygiene market, with the ultimately unsuccessful Gentle Spring brand. 862: 622: 202: 1039: 366: 1376: 1269: 1043: 926: 822: 812: 712: 233: 807: 244: 127: 41: 1093: 882: 852: 404: 175: 1370: 797: 151:
Polident, Poli-Grip, Dentu-Creme, Nytol, Tegrin, Lava Soap, Beano, Phazyme, Balmex, Sensodyne
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Goldblatt, Dan (September 7, 1994). "New Jersey's most private public company".
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GlaxoSmithKline Completes the Purchase of Block Drug for $ 1.24 Billion
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Leonard N. Block died in 2005 at age 93 after suffering for years from
369:-based Stanback Co., manufacturer of Stanback headache powder products. 1382: 1166: 1146: 1103: 1098: 1078: 1073: 1014: 984: 964: 917: 902: 887: 308: 210: 190: 45: 1151: 1141: 1136: 1131: 1088: 1024: 1019: 994: 974: 959: 954: 857: 26: 1121: 1083: 1065: 1029: 989: 969: 949: 691: 217: 206: 143:
Alexander Block, Leonard Block, Thomas Block, Michael P. Danziger
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Carpet Fresh and Rug Fresh cleaning and deodorizing products.
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anti-gas products, Balmex diaper rash ointments, and
220:) purchased the company for $ 1.24 billion in 2001. 495:"Leonard Block, 93, Chief of Drug Company, Is Dead" 232:, a Russian immigrant who had a small drugstore on 571: 1415: 1439:Pharmaceutical companies disestablished in 2001 1335:GlaxoSmithKline Services Unlimited v Commission 558: 556: 554: 552: 550: 548: 546: 544: 542: 540: 1449:Pharmaceutical companies of the United States 676: 450: 448: 430: 428: 1429:Pharmaceutical companies established in 1907 436:International Directory of Company Histories 263:– The company went public, trading on 537: 379:as an adviser to evaluate a potential sale. 683: 669: 445: 425: 25: 562: 471:"Briefing: Pharmaceuticals; Drug Company" 415:using money from his Block inheritance. 1464:1907 establishments in New York (state) 1459:Retail companies disestablished in 2001 1434:Companies formerly listed on the Nasdaq 1328:Christopher v. SmithKline Beecham Corp. 488: 486: 484: 271:BLOCA and raising $ 5.2 million in its 1416: 803:Recherche et Industrie ThĂ©rapeutiques 664: 645: 492: 243:Block Drug moved its headquarters to 1454:Retail companies established in 1907 481: 1469:2001 disestablishments in Minnesota 718:GlaxoSmithKline Pharmaceuticals Ltd 228:The company was founded in 1907 by 13: 14: 1485: 1342:United States v. Glaxo Group Ltd. 1396: 1395: 1349:United States v. GlaxoSmithKline 34: 1366:Drug Industry Documents Archive 639: 189:, Tegrin medicated shampoo for 1424:Companies based in Minneapolis 1321:Canada v. GlaxoSmithKline Inc. 615: 605:"New Chip at the Old Block?". 598: 529:"New Chip at the Old Block?". 493:Saxon, Wolfgang (2005-11-12). 463: 1: 1474:2001 mergers and acquisitions 418: 365:– The company acquired 299:– The company acquired 398: 73:; 117 years ago 7: 611:. May 29, 1978. p. 48. 533:. May 29, 1978. p. 48. 254: 91:; 23 years ago 10: 1490: 389: 223: 213:desensitizing toothpaste. 197:hand soaps (acquired from 1391: 1358: 1312: 1262: 1191: 1184: 1058: 937: 845: 838: 831: 823:Smith, Kline & French 758: 742: 705: 698: 623:"Stanback to leave Rowan" 375:– Block Drug hired 155: 147: 137: 123: 111: 103: 85: 67: 57: 33: 24: 813:S. E. Massengill Company 713:GlaxoSmithKline Pakistan 411:was the producer of the 808:Reliant Pharmaceuticals 690: 592:www.fundinguniverse.com 245:Jersey City, New Jersey 176:Jersey City, New Jersey 128:Jersey City, New Jersey 442:. Answers Corporation. 16:Pharmaceutical company 1371:GlaxoSmithKline Prize 798:Human Genome Sciences 648:The Guardian (London) 216:GlaxoSmithKline (now 115:GlaxoSmithKline (now 768:Allen & Hanburys 723:Stiefel Laboratories 341:Procter & Gamble 331:Reckitt and Colman's 199:Procter & Gamble 627:www.bizjournals.com 405:Alzheimer's disease 359:the following year. 301:Passaic, New Jersey 157:Number of employees 21: 1275:Silas M. Burroughs 818:SmithKline Beecham 783:Burroughs Wellcome 499:The New York Times 478:(October 15, 2000) 475:The New York Times 460:(January 16, 2001) 413:Woodstock Festival 238:Brooklyn, New York 168:Block Drug Company 40:A pharmacy in the 20:Block Drug Company 19: 1411: 1410: 1308: 1307: 1180: 1179: 1054: 1053: 754: 753: 608:Chicago Sun-Times 565:Northern Business 438:, republished at 407:. Block's nephew 174:company based in 165: 164: 1481: 1399: 1398: 1226:Patrick Vallance 1189: 1188: 918:Wellbutrin/Zyban 843: 842: 836: 835: 703: 702: 685: 678: 671: 662: 661: 652: 651: 643: 637: 636: 634: 633: 619: 613: 612: 602: 596: 595: 584: 569: 568: 560: 535: 534: 526: 509: 508: 506: 505: 490: 479: 467: 461: 452: 443: 434:The Gale Group. 432: 273:initial offering 99: 97: 92: 81: 79: 74: 44:neighborhood of 38: 29: 22: 18: 1489: 1488: 1484: 1483: 1482: 1480: 1479: 1478: 1414: 1413: 1412: 1407: 1387: 1354: 1304: 1258: 1254:Laurie Glimcher 1221:Manvinder Banga 1216:Roy M. Anderson 1211:Simon Dingemans 1193: 1176: 1050: 933: 827: 760: 750: 738: 733:ViiV Healthcare 694: 689: 658: 656: 655: 644: 640: 631: 629: 621: 620: 616: 604: 603: 599: 586: 585: 572: 561: 538: 528: 527: 512: 503: 501: 491: 482: 468: 464: 453: 446: 433: 426: 421: 409:John P. Roberts 401: 392: 367:Salisbury, N.C. 257: 230:Alexander Block 226: 158: 140: 95: 93: 90: 77: 75: 72: 53: 17: 12: 11: 5: 1487: 1477: 1476: 1471: 1466: 1461: 1456: 1451: 1446: 1441: 1436: 1431: 1426: 1409: 1408: 1406: 1405: 1392: 1389: 1388: 1386: 1385: 1380: 1373: 1368: 1362: 1360: 1356: 1355: 1353: 1352: 1345: 1338: 1331: 1324: 1316: 1314: 1310: 1309: 1306: 1305: 1303: 1302: 1297: 1292: 1290:Henry Wellcome 1287: 1282: 1277: 1272: 1270:Thomas Beecham 1266: 1264: 1260: 1259: 1257: 1256: 1251: 1246: 1241: 1238: 1236:Lynn Elsenhans 1233: 1228: 1223: 1218: 1213: 1208: 1203: 1201:Philip Hampton 1197: 1195: 1186: 1182: 1181: 1178: 1177: 1175: 1174: 1169: 1164: 1159: 1154: 1149: 1144: 1139: 1134: 1129: 1127:Goody's Powder 1124: 1119: 1116: 1111: 1106: 1101: 1096: 1091: 1086: 1081: 1076: 1071: 1068: 1062: 1060: 1056: 1055: 1052: 1051: 1049: 1048: 1037: 1032: 1027: 1022: 1017: 1012: 1007: 1002: 997: 992: 987: 982: 977: 972: 967: 962: 957: 952: 947: 941: 939: 935: 934: 932: 931: 920: 915: 910: 905: 900: 895: 890: 885: 880: 875: 870: 865: 860: 855: 849: 847: 840: 833: 829: 828: 826: 825: 820: 815: 810: 805: 800: 795: 793:Glaxo Wellcome 790: 785: 780: 775: 770: 764: 762: 756: 755: 752: 751: 746: 744: 740: 739: 737: 736: 730: 725: 720: 715: 709: 707: 700: 696: 695: 688: 687: 680: 673: 665: 654: 653: 638: 614: 597: 570: 536: 510: 480: 462: 444: 423: 422: 420: 417: 400: 397: 391: 388: 387: 386: 380: 370: 360: 350: 344: 334: 324: 318: 312: 294: 288: 282: 276: 256: 253: 225: 222: 172:pharmaceutical 163: 162: 159: 156: 153: 152: 149: 145: 144: 141: 138: 135: 134: 125: 121: 120: 113: 109: 108: 105: 101: 100: 87: 83: 82: 69: 65: 64: 62:Pharmaceutical 59: 55: 54: 39: 31: 30: 15: 9: 6: 4: 3: 2: 1486: 1475: 1472: 1470: 1467: 1465: 1462: 1460: 1457: 1455: 1452: 1450: 1447: 1445: 1442: 1440: 1437: 1435: 1432: 1430: 1427: 1425: 1422: 1421: 1419: 1404: 1403: 1394: 1393: 1390: 1384: 1381: 1379: 1378: 1374: 1372: 1369: 1367: 1364: 1363: 1361: 1357: 1351: 1350: 1346: 1344: 1343: 1339: 1337: 1336: 1332: 1330: 1329: 1325: 1323: 1322: 1318: 1317: 1315: 1311: 1301: 1298: 1296: 1293: 1291: 1288: 1286: 1285:John K. Smith 1283: 1281: 1278: 1276: 1273: 1271: 1268: 1267: 1265: 1261: 1255: 1252: 1250: 1247: 1245: 1242: 1240:Jesse Goodman 1239: 1237: 1234: 1232: 1229: 1227: 1224: 1222: 1219: 1217: 1214: 1212: 1209: 1207: 1206:Emma Walmsley 1204: 1202: 1199: 1198: 1196: 1190: 1187: 1183: 1173: 1170: 1168: 1165: 1163: 1160: 1158: 1155: 1153: 1150: 1148: 1145: 1143: 1140: 1138: 1135: 1133: 1130: 1128: 1125: 1123: 1120: 1117: 1115: 1112: 1110: 1107: 1105: 1102: 1100: 1097: 1095: 1092: 1090: 1087: 1085: 1082: 1080: 1077: 1075: 1072: 1069: 1067: 1064: 1063: 1061: 1057: 1047: 1046: 1041: 1038: 1036: 1033: 1031: 1028: 1026: 1023: 1021: 1018: 1016: 1013: 1011: 1008: 1006: 1003: 1001: 998: 996: 993: 991: 988: 986: 983: 981: 978: 976: 973: 971: 968: 966: 963: 961: 958: 956: 953: 951: 948: 946: 943: 942: 940: 936: 930: 929: 924: 921: 919: 916: 914: 911: 909: 906: 904: 901: 899: 898:Paxil/Seroxat 896: 894: 891: 889: 886: 884: 881: 879: 876: 874: 871: 869: 866: 864: 861: 859: 856: 854: 851: 850: 848: 844: 841: 837: 834: 830: 824: 821: 819: 816: 814: 811: 809: 806: 804: 801: 799: 796: 794: 791: 789: 786: 784: 781: 779: 776: 774: 773:Beecham Group 771: 769: 766: 765: 763: 759:Predecessors, 757: 749: 745: 741: 734: 731: 729: 726: 724: 721: 719: 716: 714: 711: 710: 708: 704: 701: 697: 693: 686: 681: 679: 674: 672: 667: 666: 663: 659: 650:. p. 29. 649: 642: 628: 624: 618: 610: 609: 601: 593: 589: 583: 581: 579: 577: 575: 567:. p. 48. 566: 559: 557: 555: 553: 551: 549: 547: 545: 543: 541: 532: 525: 523: 521: 519: 517: 515: 500: 496: 489: 487: 485: 477: 476: 472: 466: 459: 456: 451: 449: 441: 437: 431: 429: 424: 416: 414: 410: 406: 396: 384: 381: 378: 377:Goldman Sachs 374: 371: 368: 364: 361: 358: 357:WD-40 Company 354: 351: 348: 345: 342: 338: 335: 332: 328: 325: 322: 319: 316: 313: 310: 306: 302: 298: 295: 292: 289: 286: 283: 280: 277: 274: 270: 269:ticker symbol 266: 262: 259: 258: 252: 248: 246: 241: 239: 235: 234:Fulton Street 231: 221: 219: 214: 212: 208: 204: 200: 196: 192: 188: 187:sleeping pill 185: 181: 180:United States 177: 173: 169: 160: 154: 150: 146: 142: 136: 133: 132:United States 129: 126: 122: 118: 114: 110: 106: 102: 88: 84: 70: 66: 63: 60: 56: 51: 50:New York City 47: 43: 37: 32: 28: 23: 1401: 1377:Side Effects 1375: 1347: 1340: 1333: 1326: 1319: 1295:Andrew Witty 1280:Mahlon Kline 1231:Vivienne Cox 1044: 1000:H5N1 vaccine 927: 777: 761:acquisitions 699:Subsidiaries 657: 647: 641: 630:. Retrieved 626: 617: 606: 600: 591: 564: 530: 502:. Retrieved 498: 473: 469:Hall, John. 465: 457: 435: 402: 393: 382: 372: 362: 352: 346: 336: 326: 320: 314: 305:2000 Flushes 296: 290: 284: 278: 260: 249: 242: 227: 215: 167: 166: 124:Headquarters 42:East Village 1244:Judy Lewent 1418:Categories 1313:Litigation 1300:Chris Gent 1249:Urs Rohner 1157:Parodontax 965:Engerix-B 778:Block Drug 632:2019-05-28 504:2010-04-26 458:Prnewswire 419:References 267:under the 139:Key people 1383:Study 329 1194:Directors 1192:Board of 1167:Sensodyne 1147:Nicorette 1104:Emergen-C 1099:ChapStick 1079:BC Powder 1074:Aquafresh 1015:Pandemrix 985:Hepatyrix 883:Flixonase 863:Augmentin 399:Aftermath 337:Late 1995 309:Gold Bond 247:in 1938. 211:Sensodyne 191:psoriasis 112:Successor 46:Manhattan 1402:Category 1152:NiQuitin 1142:Nicoderm 1137:Lucozade 1132:Horlicks 1114:Excedrin 1089:Caltrate 1035:Shingrix 1025:Rabavert 1020:Pediarix 995:Infanrix 975:FluLaval 960:Cervarix 955:Boostrix 938:Vaccines 913:Ventolin 903:Serlipet 893:Lamictal 888:Hycamtin 873:Beconase 832:Products 311:in 1987. 255:Timeline 148:Products 107:Acquired 58:Industry 1444:GSK plc 1122:Geritol 1118:Flonase 1094:Centrum 1084:Biotene 1066:Actifed 1040:Twinrix 1030:Rotarix 990:Hiberix 970:Fluarix 950:Bexsero 908:Tagamet 868:Avandia 839:Current 706:Current 390:Secrecy 303:-based 224:History 218:GSK plc 207:Phazyme 117:GSK plc 94: ( 86:Defunct 76: ( 68:Founded 1185:People 1162:Ribena 1059:Former 1010:Menveo 1005:Kinrix 980:Havrix 945:Arexvy 923:Zantac 878:Boniva 853:Advair 846:Pharma 748:Haleon 743:Former 728:Tesaro 531:Forbes 265:NASDAQ 170:was a 52:(2012) 1359:Other 1263:Other 1070:Advil 788:Glaxo 735:(85%) 315:1990s 203:Beano 184:Nytol 161:3,000 1172:Tums 1045:more 928:more 858:Alli 383:2001 373:2000 363:1999 353:1998 347:1996 327:1995 321:1990 297:1983 291:1982 285:1978 279:1972 261:1971 205:and 195:Lava 104:Fate 96:2001 89:2001 78:1907 71:1907 1109:Eno 692:GSK 236:in 201:), 1420:: 1042:… 925:… 625:. 590:. 573:^ 539:^ 513:^ 497:. 483:^ 447:^ 427:^ 193:, 178:, 130:, 48:, 684:e 677:t 670:v 635:. 594:. 507:. 343:. 119:) 98:) 80:)

Index



East Village
Manhattan
New York City
Pharmaceutical
GSK plc
Jersey City, New Jersey
United States
pharmaceutical
Jersey City, New Jersey
United States
Nytol
sleeping pill
psoriasis
Lava
Procter & Gamble
Beano
Phazyme
Sensodyne
GSK plc
Alexander Block
Fulton Street
Brooklyn, New York
Jersey City, New Jersey
NASDAQ
ticker symbol
initial offering
Passaic, New Jersey
2000 Flushes

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