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GlaxoSmithKline opens new centre of research excellence in Zagreb

ZAGREB, May 11 (Hina) - The British pharmaceutical companyGlaxoSmithKline (GSK) on Thursday officially opened a new centre ofresearch excellence for the discovery of macrolytic drugs, a formerresearch institute of the Croatian pharmaceutical company Pliva thatGSK purchased for USD35 million.
ZAGREB, May 11 (Hina) - The British pharmaceutical company GlaxoSmithKline (GSK) on Thursday officially opened a new centre of research excellence for the discovery of macrolytic drugs, a former research institute of the Croatian pharmaceutical company Pliva that GSK purchased for USD35 million.

GSK is the second largest pharmaceutical company in the world and the takeover of Pliva's research centre represents the largest investment in Croatia's science to date.

The work of the new research centre, that will employ 130 people, will be directed at finding new medicines for curing diseases, based on a thorough research of macrolytic antibiotics.

The vice president of the GSK drug discovery department, Patrick Vallance, said GSK invested eight million euros each day into drug discovery, adding that the centre in Zagreb would advance the company's scientific potential.

Present at the opening was British Ambassador to Croatia John Ramsden.

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