During a nearly two-hour R&D seminar, executives at GlaxoSmithKline PLC described the company's evolving strategy, detailing the organization's goals, capital allocation, and productivity performance, and providing a glimpse into the ongoing work within six of its 40 biotech-like discovery performance units.
Moncef Slaoui, chairman of research and development, led the seminar with a 10,000 foot aerial view of early-stage R&D at GSK, with particular emphasis on how GSK has reengineered discovery...