GSK restructuring its R&D to boost productivity

22 February 2001

At its inaugural conference for analysts and investors, held the dayafter its first results meeting (see page 2), GlaxoSmithKline executives presented the firm's strategy to enhance R&D productivity, build a rich pipeline and reduce costs.

The company has identified three key elements in increasing R&D efficiency and output. The first of these is a restructuring of the R&D organization via the creation of six Centers of Excellence for Drug Discovery, designed to act as small business units along the lines of a biotechnology company, within the overall R&D structure. Tachi Yamada, chairman of R&D at GSK, said this will capture the advantages of scale while simultaneously creating an entrepreneurial, fast-moving environment.

The second element involves continuing to harness the potential of the human genome, and leveraging prior investments in technologies such as high-throughput gene sequencing, chemistry and screening. The challenge will be to integrate these technologies with high-throughput biology (see also pages 24-25). GSK's investment in genomics is already bearing fruit, noted Dr Yamada, with the identification of an enzyme (Lp-PLA2) which is thought to be a major new risk factor in cardiovascular disease. A lead compound to inhibit the enzyme, 435495, is already in human trials.

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