As leader of PGRD, Mackay will bring Pfizer's talent, drug discovery and development experience, capital and technology to bear on increasing the value of our near-term pipeline, bringing new compounds forward to approval," asserts chairman and chief executive officer Jeff Kindler.
It will work with PGRD and the biotechnology community.
As new head of PGRD, Mackay will report to Kindler and join Pfizer's executive leadership team.
We will leverage them with the scale and know-how of PGRD to turn them into potential new medicines," he asserts.
As the leader of PGRD, Martin Mackay will bring Pfizer's talent, drug discovery and development experience, capital and technology to bear on increasing the value of our near-term pipeline and bringing new compounds forward to approval," said Jeff Kindler, Chairman and chief executive officer.
It will work in a highly collaborative manner both with PGRD and with the academic, biotech and venture communities, not only to focus on delivering new compounds for Pfizer but also on incubating start-ups with new innovative technologies.
Dramatically raise the bar on PGRD productivity - with recent organizational changes now nearing completion, set new aggressive targets for productivity and efficiency and insist on clear accountability for achieving those goals; and 5.
Mackay, join the PGRD Leadership Team and have the therapeutic area development group heads reporting to him, as well as the head of clinical, quantitative and innovative medicine.
In addition, PGRD will work closely with Pfizer Business Development to secure the best external opportunities in targeted areas through acquisitions, licensing and development, joint venture and alliances and other collaborative agreements.
PGRD will work in partnership with the new biotherapeutics center led by Dr.
Within PGRD, as well as in the new independent center, Pfizer will continue to make investments to substantially expand biotherapeutics capabilities.
We are currently in the final stages of a business transformation program at PGRD, and our goal is to bring these changes to a conclusion with a minimum of disruption, realize their benefits, and then move forward with four major research sites, global platform lines and a very focused drug development team," said Mr.