Outlook: A tough job at British Biotech
Thursday 06 August 1998
None of Mr Hampson's previous incarnations - ICI, Yorkshire Electricity, Costain - could possibly prepare him for this job and he freely admits that he took a long, hard, sceptical look before accepting it.
Now that he is on board, however, he is looking forward to maintaining the group's tradition of innovative research and development and successfully commercialising its products. If half of the claims made by its ex-director of clinical trials, Andrew Millar, are true, then British Bio's approach to research is certainly innovative.
As for successfully commercialising its products, Zacutex is dead in the water while the future of the cancer treatment Marimastat is hanging by a thread. Repeating all the trials for Zacutex that Dr Millar unblinded would be prohibitively expensive. British Bio can only hope that Marimastat does not face the same prospect.
What else can Mr Hampson look forward to? Well, there is the chance to appear before a Commons select committee (hankie at the ready). Then, of course, there is the task of liaising with all those supportive shareholders like Perpetual.
The fact that Mr Hampson will be paid circa pounds 80,000 to do the job suggests that he will need to be a little more than the traditional non-executive, part-time figure head. Of course, his most urgent task will be to fill the least appealing job of all - the one of chief executive which Keith McCullagh is vacating in September. Mr Hampson says British Bio will look internally and externally. Like the Japanese political institution, it will probably have to fall back on one of its own.
Diving in at the deep end is no excuse for shirking the style stakes
- 2 Loom bands: Bids for dress made from colourful rubber reach almost £154,000 on eBay
- 3 PornHub begs users to stop uploading video clips of Brazil getting beaten 7-1
- 4 Why I'm on the brink of burning my Israeli passport
- 5 L'Oreal cuts ties with Belgium supporter Axelle Despiegelaere after hunting trip photographs
Instagram of US airport security chiefs: Lipstick knives and IED training kits among items seized
Game of Thrones author George RR Martin says 'f*** you' to fans who fear he will die before finishing Westeros saga
Loom bands: Bids for dress made from colourful rubber reach almost £154,000 on eBay
Israel-Gaza crisis: Eight killed in Gaza Strip cafe while watching World Cup semi-final
Supermoon 2014: When and why will the moon look bigger and brighter this summer?
Sustained immigration has not harmed Britons' employment, say government advisers
Australia facing international condemnation after turning around Sri Lankans at sea
7/7 memorial defaced on anniversary of 2005 attacks with ‘Blair lied thousands died’ graffiti
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
Socialist Worker called to apologise over ‘vile’ article saying Eton schoolboy Horatio Chapple's death is ‘reason to save the polar bears’
There’s a nasty smell in the political air – and it’s coming from the Tories
iJobs Money & Business
£50000 - £70000 per annum: Harrington Starr: Business Analyst Consultant (Fina...
£300 - £350 per day + competitive: Orgtel: My client, a leading bank, is curre...
£28000 - £32000 per annum + pension, 25 days holiday: Ashdown Group: A highly ...
Negotiable: Randstad Education Birmingham: Randstad Education are seeking a Fi...