Ex-GSK CEO, R&D chief An­drew Wit­ty and Mon­cef Slaoui are jump­ing in­to the biotech VC game

Top phar­ma ex­ecs at the mar­quee com­pa­nies don’t re­al­ly re­tire. Some segue quite nat­u­ral­ly in­to ven­ture cap­i­tal, where their con­tacts and heavy­weight in­dus­try rep­u­ta­tions can fa­cil­i­tate the growth of lit­tle biotech com­pa­nies at a time the VC crowd is en­joy­ing a pro­longed and pop­u­lar boom.

This morn­ing two of the biggest names that once dom­i­nat­ed GSK for a decade, the new­ly re­tired CEO An­drew Wit­ty and long­time R&D chief Mon­cef Slaoui, mapped out their plans to jump in­to the biotech ven­ture cap­i­tal game. Sir An­drew has signed on as a part­ner at Durham, NC-based Hat­teras Ven­ture Part­ners, while Slaoui has joined the Eu­ro­pean team at Medicxi.

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