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http://query.nytimes.com/gst/abstract.html?res=F60F1FFA3F580C778CDDAC0894DB404482

Money and Business/Financial Desk | May 4, 2003, Sunday
BUSINESS; For Glaxo, the Answers Are in the Pipeline

By REED ABELSON (NYT) 1356 words
Late Edition - Final , Section 3 , Page 4 , Column 1

LEAD PARAGRAPH - ALMOST three years after a merger created GlaxoSmithKline, Jean-Pierre Garnier, its chief executive, exudes nothing but confidence about the benefits of the combination.

The merger made it easier to cut costs and to marshal resources. But Dr. Garnier said the union also gave GlaxoSmithKline, now the world's second-largest pharmaceutical company, after Pfizer, the opportunity to completely overhaul its research efforts into fast-moving, almost autonomous units.



 

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