Glaxo Wellcome/Physicians Computer Network $50 mil. venture to sell information services to physicians.
Executive Summary
GLAXO WELLCOME/PHYSICIAN COMPUTER NETWORK $50 MIL. JOINT VENTURE will focus on the design and marketing of information systems for physicians and other providers. The company's first product is expected to be launched at the March Health Information Management Systems Society's annual meeting in Atlanta. The joint venture will be overseen by a management committee consisting of two PCN and two Glaxo Wellcome execs.