LONDON (Reuters) - GlaxoSmithKline said on Thursday that Abbas Hussain, its global head of pharmaceuticals, is leaving the company and will be replaced by Luke Miels from AstraZeneca.
Hussain had been seen as a potential contender to take over from Chief Executive Andrew Witty, who steps down at the end of March, but the job went to GSK's consumer health division boss Emma Walmsley.
"Succession processes are challenging for everyone involved and, unfortunately, it is rare that all of those involved stay with the company," Witty said.
Miels' defection is a blow for AstraZeneca, which has seen a string of high-profile scientists leave in the last 18 months.
Its head of oncology, Mondher Mahjoubi, left to join French biotech company Innate Pharma a month ago, while Sanofi poached one of its top researchers in March.
Walmsley, who become GSK's chief executive in April, said Miels would brings a combination of excellent R&D insight and a strong track record of commercial execution.
At AstraZeneca, Miels launched cancer medicine Tagrisso in the United States, and improved growth of the cardiovascular and metabolic portfolios, notably heart drug Brilinta, GSK said.
(Reporting by Ben Hirschler and Paul Sandle; editing by Susan Fenton and Jason Neely)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
