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It’s pretty hard for a former pharma R&D scientist to ignore the following article from The Sunday Times: “Banker bonuses for Glaxo boffins”. Actually, I had to look up the meaning of “boffin” (British slang for a scientist or a technical expert). But the gist of the article is that GSK is planning to pay banker-style bonuses to R&D scientists if compounds that they discovered reach the market. These awards won’t be trivial. According to the author, Matthew Goodwin, the GSK payouts could range from $7.5 – $15 million.
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