This is it? GSK rolls out a buzzy new R&D plan long on aspirations and short on performance goals
GlaxoSmithKline set out to kickstart some enthusiasm for its pipeline this morning. But CEO Emma Walmsley and her new R&D chief Hal Barron clearly have a lot more work cut out for them on that critical point.
Its quarterly report highlights a strategy in R&D that will be heavily focused on the immune system and human genetics — two well established fields that long ago attracted the attention of just about everyone working in drug development these days. And they signed up 23andMe — paying $300 million to buy in and gain exclusive access to its data base — to help explore disease relevant genes, heralding a “major advance” while adding to a slate of alliances on genetics the London-based giant has already completed.
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