Pharma layoffs

Written by Apxirodxvyt NlmkmlLast edited on 2024-07-11
Asset Sales or Divestitures: Companies like 2seventy bio and Catalent underwent layoffs in con.

Fierce Biotech analysis: 2023 biopharma layoffs now match 2022's total. As of Aug. 18, Fierce Biotech has reported 119 layoffs at biopharmas so far this year. (iStock / Getty Images Plus) Layoffs ...Aug 21, 2023 · Fierce Biotech analysis: 2023 biopharma layoffs now match 2022's total. As of Aug. 18, Fierce Biotech has reported 119 layoffs at biopharmas so far this year. (iStock / Getty Images Plus) Layoffs ... Feb 9, 2024 ... Have layoffs spooked young professionals ... As young biotechs and clinical-stage companies struggled to finance themselves, big pharma wasn't ...Along with the approximately 3,200 biotech employees to lose their jobs this year, nearly 1,900 more have been laid off by large pharmaceutical companies like …CVS’s Caremark unit is the first major pharmacy benefit manager to announce such a shift. The move is a blow for AbbVie, which managed to keep Humira on PBM lists of covered drugs even when ...Third quarter earning reports have brought news of layoffs from at least six biotechnology companies this week as a weak market continues to weigh on smaller drugmakers. Through Wednesday, Tricida, Freeline Therapeutics, Harpoon Therapeutics, Adamis Pharmaceuticals, Neoleukin Therapeutics and NexImmune have all announced …The cuts amount to more than 7% of the company’s global workforce of 108,000. In Switzerland, Novartis plans to eliminate about 1,400 positions, or 12% of the 11,600 jobs in its home country, the spokesperson added. Swiss newspaper Tages-Anzeiger first reported the layoffs on Tuesday.Nov 22, 2023 · By Max Bayer Nov 22, 2023 1:36pm. CRISPR Therapeutics layoffs Vertex Pharmaceuticals Cell & Gene Therapy. CRISPR Therapeutics laid off a number of employees a week after FDA advisers all but ... Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales. Home Forums > Pharma/Biotech Companies > Novartis. Anonymous board for Novartis. Page 1 of 299 1 ...Feb 1, 2023 · Layoffs continue to batter biotech, with Big Pharmas piling on the pain. By Max Bayer Feb 1, 2023 10:50am. layoffs Merck KGaA Amgen TCR2 Therapeutics. More companies laid off staff last month than ... 3) More pipeline acquisitions, smaller R&D shops. The Pharmaceutical Research and Manufacturers of America (PhRMA) trade group recently put out its latest wide-ranging report on the status of the biopharma industry in the U.S. And PhRMA emphasized the sector’s devotion to R&D, the very life blood of any drug development …Eisai’s layoff of 91 employees appears to be a result of its recent sale of epilepsy med Fycompa to Catalyst Pharmaceuticals. In Amgen’s case, the California-based Big Biotech is cutting ...While the biotech market has faced challenges with layoffs in 2023, the industry witnessed significant job growth beforehand. According to a 2022 report from CBRE, the number of employees in the U.S. life sciences industry expanded 5.3% from January 2021 to January 2022, outpacing the national job growth rate of 4.7% in the same period.BLOOMINGTON, Ind. (WISH) — A spokesperson for Catalent Pharma Solutions confirmed that the company is cutting off 400 full-time and temporary positions at their Bloomington facility. According ...RALEIGH – Sagent Pharmaceuticals is cutting 81 jobs at its North Raleigh facility, according to a layoff notice filed with the state of North Carolina. The layoffs will occur on Aug. 11, the ...Feb 9, 2018 — 7 recent pharma layoffs · 1. Drugmaker Intarcia Therapeutics cuts 20% of workforce, terminates 2 late-stage trials: 8 things to know · 2. Sanofi ….5/8/2024. Follow along as BioSpace keeps you up-to-date on the latest pharma and biotech layoffs. The IRA, BMS’ Big Cuts, First WHIM Approval. 5/1/2024. J&J and BMS’ challenges to Medicare drug price negotiations shut down in federal court less than a week after BMS announced it was laying off more than 2,000 employees.While the biotech market has faced challenges with layoffs in 2023, the industry witnessed significant job growth beforehand. According to a 2022 report from CBRE, the number of employees in the U.S. life sciences industry expanded 5.3% from January 2021 to January 2022, outpacing the national job growth rate of 4.7% in the same period.Jan 29, 2024 · Pfizer has also cut nearly 200 positions at its Kalamazoo, Michigan, manufacturing plant. Staffers in Illinois, Colorado and North Carolina also faced layoffs at different points in 2023. While the biotech market has faced challenges with layoffs in 2023, the industry witnessed significant job growth beforehand. According to a 2022 report from CBRE, the number of employees in the U.S. life sciences industry expanded 5.3% from January 2021 to January 2022, outpacing the national job growth rate of 4.7% in the same period.The Centrum maker pulled down 2.98 billion pounds ($3.91 billion) during this year’s first quarter after bringing in a 2022 haul of 10.85 billion pounds ($14.25 billion). Haleon layoffs U.K ...Jan 19, 2024 · PMV Pharmaceuticals layoffs solid tumor PMV Pharma is laying off 30% of its staff as the precision oncology biotech prioritizes pushing its lead solid tumor candidate toward a phase 2 trial in the ... BioMarin Pharmaceutical layoffs Cell & Gene Therapy pipeline BioMarin had already announced plans to cut its pipeline in half, but now the company has confirmed that 170 employees are also leaving ...Given the difficult economic situation, a growing number of pharmaceutical firms are reducing staff. Several companies announced cuts at the end of 2022, including Catalent. and Novartis. The following is a list of some significant pharma layoffs announced at the outset of 2023. It has been updated to include layoffs in January, February and March.The cuts come amid a string of layoffs in the biopharma industry and at Thermo Fisher specifically. Last April, the company shut down its Princeton, New Jersey facility and parted ways with 113 ...Published Jan. 16, 2024. Ned Pagliarulo Lead Editor. Brian Tucker / BioPharma Dive. Guarded optimism seems to be the mood of the biopharmaceutical industry to start 2024. Last year brought a stock market slide and layoffs for more than 150 drug companies. Financial and regulatory headwinds, like the March collapse of Silicon Valley Bank and a ...Given the difficult economic situation, a growing number of pharmaceutical firms are reducing staff. Several companies announced cuts at the end of 2022, including Catalent. and Novartis. The following is a list of some significant pharma layoffs announced at the outset of 2023. It has been updated to include layoffs in January, February and March.Kenvue’s board of directors on Monday approved a plan to cut 4% of the company’s global workforce, the company said in a press release. The company employed about 22,000 employees at the end ...Jan 19, 2024 · The pharma giant did not provide a quantifiable scale of the impending layoffs. On 18 January, Ikena Oncology also revealed that it will jettison 35% of its workforce in in order to prioritise resources for its clinical stage cancer programs, IK-930 and IK-595. The company anticipates completing the restructuring by 31 March 2024. The Indian pharmaceutical industry is offering lucrative job avenues even as economic uncertainties result in global pharma layoffs. These openings in India are particularly in roles related to drug development, manufacturing, quality control, and sales & marketing. According to Prakash HS, senior vice president, pharma & life sciences ...Given the difficult economic situation, a growing number of pharmaceutical firms are reducing staff. Several companies announced cuts at the end of 2022, including Catalent. and Novartis. The following is a list of some significant pharma layoffs announced at the outset of 2023. It has been updated to include layoffs in January, February and …Nov 29, 2023 · Dive Brief: Gilead Sciences is laying off about 7% of employees at cell therapy unit Kite Pharma in a restructuring it said is meant to better align the division’s organization with areas of future growth. About 90 new positions will be created as part of the changes, a spokesperson for Kite Pharma confirmed to BioPharma Dive, meaning the net ... Feb 1, 2023 · Layoffs continue to batter biotech, with Big Pharmas piling on the pain. By Max Bayer Feb 1, 2023 10:50am. layoffs Merck KGaA Amgen TCR2 Therapeutics. More companies laid off staff last month than ... 10 major pharma and biotech companies that downsized in 2023. By Brian Buntz | October 13, 2023. Top Companies by Layoffs (Number) 0 500 1,000 1,500 2,000 2,500 Grifols Takeda Thermo Fisher Scientific Genentech Biogen Catalent Amgen Novavax Emergent Biosolutions Bristol Myers Squibb Company Number of Layoffs. Company.The layoffs appear to be part of a cost-cutting initiative Amneal first rolled out in 2018. In a recent form 10-K, the company said that as part of that plan, it expected to “reduce its ...Jan 19, 2024 · The pharma giant did not provide a quantifiable scale of the impending layoffs. On 18 January, Ikena Oncology also revealed that it will jettison 35% of its workforce in in order to prioritise resources for its clinical stage cancer programs, IK-930 and IK-595. The company anticipates completing the restructuring by 31 March 2024. News of the layoffs comes a week after Novo Holdings—the fund manager associated with Danish drugmaker Novo Nordisk—announced it would spend $16.5 billion to acquire Catalent. As part of the ...Of the 32 layoffs tallied by Fierce Biotech, four have occurred in just the past two weeks: Zosano Pharma, Ovid Therapeutics, Passage Bio and Athenex . At least 23 companies have announced layoffs ...The pharma giant did not provide a quantifiable scale of the impending layoffs. On 18 January, Ikena Oncology also revealed that it will jettison 35% of its workforce in in order to prioritise resources for its clinical stage cancer programs, IK-930 and IK-595. The company anticipates completing the restructuring by 31 March 2024.Jan 29, 2024 · Pfizer has also cut nearly 200 positions at its Kalamazoo, Michigan, manufacturing plant. Staffers in Illinois, Colorado and North Carolina also faced layoffs at different points in 2023. The cuts amount to more than 7% of the company’s global workforce of 108,000. In Switzerland, Novartis plans to eliminate about 1,400 positions, or 12% of the 11,600 jobs in its home country, the spokesperson added. Swiss newspaper Tages-Anzeiger first reported the layoffs on Tuesday.Oct 31, 2023 ... According to FiercePharma, 791 employees could be laid off on Feb. 12, 2024, from its Somerset County corporate office, if those employees do ...More than 5,000 employees have been let go from biotech and pharmaceutical companies so far this year, according to data compiled by BioPharma Dive. At least five dozen biotechnology companies have laid off employees so far this year in a sector-wide contraction that has reached large and small drugmakers alike.Sep 12, 2022 · Feb 9, 2018 — 7 recent pharma layoffs · 1. Drugmaker Intarcia Therapeutics cuts 20% of workforce, terminates 2 late-stage trials: 8 things to know · 2. Sanofi …. Feb 1, 2023 · Layoffs continue to batter biotech, with Big Pharmas piling on the pain. By Max Bayer Feb 1, 2023 10:50am. layoffs Merck KGaA Amgen TCR2 Therapeutics. More companies laid off staff last month than ... Jan 29, 2024 · Pfizer has also cut nearly 200 positions at its Kalamazoo, Michigan, manufacturing plant. Staffers in Illinois, Colorado and North Carolina also faced layoffs at different points in 2023. By Max Bayer Nov 22, 2023 1:36pm. CRISPR Therapeutics layoffs Vertex Pharmaceuticals Cell & Gene Therapy. CRISPR Therapeutics laid off a number of employees a week after FDA advisers all but ...The most recent was Rigel Pharmaceuticals, which announced November 15 that it was cutting 16% of its workforce, most in early research. Based in South San Francisco, Rigel has 195 staffers and plans to cut 31 positions by the end of the year and take a fourth-quarter charge of $3.3 million for severance pay and modifying stock options.PACT Pharma, an oncology biotechnology startup based in California, will lay off 94 of its employees, according to a regulatory notice filed in the state. Founded in 2018, PACT had raised $75 million in early 2020 to develop its cancer drugs and fund a manufacturing expansion.The Centrum maker pulled down 2.98 billion pounds ($3.91 billion) during this year’s first quarter after bringing in a 2022 haul of 10.85 billion pounds ($14.25 billion). Haleon layoffs U.K ...PMV Pharmaceuticals layoffs solid tumor PMV Pharma is laying off 30% of its staff as the precision oncology biotech prioritizes pushing its lead solid tumor candidate toward a phase 2 trial in the ...Delilah Alvarado Staff Reporter. An empty laboratory Ozankutsal via Getty Images. Agenus has become the latest biotechnology company to turn to layoffs this year, announcing Wednesday a plan to reduce its workforce by 25% and significantly dial back its cancer drug research. The Lexington, Massachusetts-based biotech plans to cut just …Bayer slashed 1,500 roles last quarter as CEO's vision for simpler organization takes shape. By Angus Liu May 14, 2024 9:49am. Bayer Bill Anderson layoffs job cuts. Bayer won’t provide a ...Jan 16, 2023 · The layoffs will affect a range of positions and teams, including the former pharmaceuticals and oncology divisions, communications, risk and compliance, finance, legal, and HR, according to a ... Nov 8, 2023 · By Kevin Dunleavy Nov 8, 2023 11:03am. Bayer Bill Anderson layoffs Werner Baumann. Five months into his job, Bayer CEO Bill Anderson called the company's third-quarter performance "anemic' and ... By June 2022, Novartis specified that it would lay off around 8,000 members of its global workforce as part of its cost-savings scheme, with the goal to save $1 billion …Nike will reportedly cut hundreds of employees. December 22 Nike ’s layoffs could affect hundreds of positions, The Guardian reported on Friday, one day after the company announced it expects to ...The German company acknowledged the layoffs to Fierce Pharma, saying it is part of a reorganization. Bayer made the cut through a Separation Election Program, offering retirement to personnel age ...Merck KGaA is the latest company to downsize, shrinking its U.S. research wing by more than 100 employees. Merck's layoffs mark at least the ninth recorded so far in the new year, more than the ...After years of easy funding, layoffs are hitting the biotech branch of technology, as investment in new drugs and research dries up amid rising interest rates.Job cuts at pharmaceutical and life ...How Pharma Can Harness Education to Transform the Health Journey. May 13, 2024 8:00am. Regulatory tracker: Pfizer's Vyndaqel secures NICE nod. May 13, 2024 10:52am. Sponsored.Bayer declined to comment on the scale of the layoff or the functions involved. Reducing bureaucracy is the “central component” of the adjustments, a Bayer spokesperson told Fierce Pharma.Nov 10, 2022 · Biopharma layoffs roll on as Novartis, Sumitomo and Valneva plot around 800 cuts. Novartis will close a gene therapy plant near Chicago, leaving 275 out of jobs. Meanwhile, Valneva will eliminate ... The 120,000-square-foot site focuses on clinical production of biotherapeutics, bioreagents and biomaterials, according to Lonza. The layoffs will go into effect on Feb. 2, according to the WARN ...Sep 14, 2022 ... As layoffs mount at tech firms, biotechs and pharmaceutical companies are scooping up employees with AI and data science experience.10 major pharma and biotech companies that downsized in 2023. By Brian Buntz | October 13, 2023. Top Companies by Layoffs (Number) 0 500 1,000 1,500 2,000 2,500 Grifols Takeda Thermo Fisher Scientific Genentech Biogen Catalent Amgen Novavax Emergent Biosolutions Bristol Myers Squibb Company Number of Layoffs. Company.  Analysts have provided the following ratings for Vincerx Pharma (NASDAQ:VINC) within the last quarter:   Bullish Somewhat Bullish... Analysts have provided the fol...Use the latest layoffs data in pharmaceutical, biotechnology, & life sciences companies to identify employment trends in the sector for market research and market intelligence activities. Hiring/ Recruitment: Hire talent from pharmaceutical, biotechnology, and life sciences companies that announced layoffs.One World Pharma News: This is the News-site for the company One World Pharma on Markets Insider Indices Commodities Currencies StocksOther acquisitions and layoffs: Big Pharma companies aren’t alone in shedding jobs. Some biotechs like TCR² Therapeutics, Inovio and Instil Bio have had to institute multiple rounds of layoffs. Additionally, Bluerock Therapeutics cut 12% of its workforce, MorphoSys laying off 17% at its headquarters, Spectrum Pharmaceuticals …Pharma company layoffs eliminated at least 4,000 more roles, although some of those cuts haven’t yet taken place or involve unfilled positions. BioPharma Dive … The layoff trend has carried into 2023, and it isn’t confined to the tech sector. French pharmaceut

Jan 16, 2023 · The layoffs will affect a range of positions and teams, including the former pharmaceuticals and oncology divisions, communications, risk and compliance, finance, legal, and HR, according to a ... PMV Pharmaceuticals layoffs solid tumor PMV Pharma is laying off 30% of its staff as the precision oncology biotech prioritizes pushing its lead solid tumor candidate toward a phase 2 trial in the ...The cuts come amid a string of layoffs in the biopharma industry and at Thermo Fisher specifically. Last April, the company shut down its Princeton, New Jersey facility and parted ways with 113 ...PMV Pharmaceuticals layoffs solid tumor PMV Pharma is laying off 30% of its staff as the precision oncology biotech prioritizes pushing its lead solid tumor candidate toward a phase 2 trial in the ...By Kevin Dunleavy Oct 12, 2022 3:28pm. After its acquisition by PAI Pharma, VistaPharm is closing its factory in Florida, leaving its 177 full-time employees out of jobs or relocated. The first ...The sentiment that is emerging from rank and file word of mouth is that Kite Tech Ops is having layoffs slated for final week of November. It would seem that this one will be larger than the last one. Apparently, 20 - 30% reduction is targeted from Kite AD. I have not heard anything about Kite Commercial.The cuts come amid a string of layoffs in the biopharma industry and at Thermo Fisher specifically. Last April, the company shut down its Princeton, New Jersey facility and parted ways with 113 ...See full list on biospace.com Johnson & Johnson Janssen layoffs infectious disease. J&J's pharmaceutical changes come as the company spins off its consumer healthcare group …Just last week, the company announced hundreds of layoffs in the U.K. Those job cuts followed 200 at Pfizer’s Kalamazoo, Michigan site and a planned closure of its Peapack, New Jersey site.Apr 25, 2024 ... The "strategic productivity initiative" is designed to drive $1.5 billion in cost savings by the end of 2025.More than 11,000biotech and pharma workers lost jobs in the first four months of 2024, with Big Pharma behind the majority.The biotech index fund XBI has climbed nearly 9% so far in 2023 and is up 11.74% over the last six months, trading at $88.80 per share. Owing to staff reductions at large, billion-dollar Big ...Aurobindo Pharma Generic drugs Manufacturing Facilities layoffs. ... Indian generics giant Aurobindo is closing shop at its Aurolife Pharma unit in Dayton, New Jersey, where 99 jobs will get the ...The move comes as Pfizer cuts costs around the globe to save $4 billion annually by the end of 2024 in response to declining COVID product sales. The company’s spokesperson said the Keyuan ...AbbVie did not immediately respond to Fierce Pharma’s request for comment on the layoffs. Moving down the coast, BMS’ workforce is shrinking across two separate sites in San Diego County, one ...Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales. Home Forums > Pharma/Biotech Companies > ... CVM Layoffs. anonymous, Apr 25, 2024 at 10:46 AM... 2 3. Replies: 47 Views: 6,269. anonymous May 2, 2024 at 4:15 PM view last post . 340B Retail SC -“earns” Hospital Rep JA - PC.The layoffs come as the company is cutting costs as revenue from COVID-19 products is in sharp decline. Catalent layoffs claim more than 210 in Maryland, Texas Fierce PharmaThe biotech index fund XBI has climbed nearly 9% so far in 2023 and is up 11.74% over the last six months, trading at $88.80 per share. Owing to staff reductions at large, billion-dollar Big ...Novartis plans to lay off 103 employees at its its U.S. headquarters in East Hanover, effective in November, according to a state WARN notice (PDF). These new cuts follow a larger round of layoffs ...RALEIGH – Sagent Pharmaceuticals is cutting 81 jobs at its North Raleigh facility, according to a layoff notice filed with the state of North Carolina. The layoffs will occur on Aug. 11, the ...The layoffs will affect a range of positions and teams, including the former pharmaceuticals and oncology divisions, communications, risk and compliance, finance, legal, and HR, according to a ...Catalent is a pharmaceutical company based out of New Jersey that employs more than 19,000 workers, according to its website. Their Bloomington facility specializes in biomanufacturing and packaging. In March 2022, the City Council of Bloomington gave Catalent a $44 million tax credit to expand the facility and add 1,000 jobs.In another cruel twist, some Salesforce employees learned today they were part of the ongoing layoffs at the company. Image Credits: nadia_bormotova / Getty Images It would be easy...Athira Pharma News: This is the News-site for the company Athira Pharma on Markets Insider Indices Commodities Currencies StocksGilead Sciences' Kite Pharma cell therapy unit is undergoing a business review that will result in layoffs to about 7% of the organization’s workforce. In a letter sent to staff this week that ...By June 2022, Novartis specified that it would lay off around 8,000 members of its global workforce as part of its cost-savings scheme, with the goal to save $1 billion …Sumitomo Pharma Co., a large pharma company based in Japan, in April began combining multiple subsidiaries into one organization, leading to layoffs at Enzyvant. The cuts affected 23 employees ...AbbVie did not immediately respond to Fierce Pharma’s request for comment on the layoffs. Moving down the coast, BMS’ workforce is shrinking across two separate sites in San Diego County, one ...The German company acknowledged the layoffs to Fierce Pharma, saying it is part of a reorganization. Bayer made the cut through a Separation Election Program, offering retirement to personnel age ...Bayer slashed 1,500 roles last quarter as CEO's vision for simpler organization takes shape. By Angus Liu May 14, 2024 9:49am. Bayer Bill Anderson layoffs job cuts. Bayer won’t provide a ...Feb 7, 2024 ... Amazonjob cutslayoffsDigital HealthHealth TechRetail. Attend Events. 14-15 May. Pharma PR & Communications Summit West. Newport Beach, CA. 08-09 ...By Eric Sagonowsky, Fraiser Kansteiner Oct 11, 2023 1:59pm. Biogen Reata Pharmaceuticals job cuts layoffs. Biogen just closed its Reata Pharmaceuticals buyout in September. Now, 100-plus Reata ...Bristol Myers Squibb Earnings restructuring layoffs Bristol Myers Squibb is the latest large pharma to wield the restructuring ax, with plans to cut $1.5 billion in costs by the end of 2025 ...BLOOMINGTON, Ind. (WISH) — A spokesperson for Catalent Pharma Solutions confirmed that the company is cutting off 400 full-time and temporary positions at their Bloomington facility. According ...Of the 32 layoffs tallied by Fierce Biotech, four have occurred in just the past two weeks: Zosano Pharma, Ovid Therapeutics, Passage Bio and Athenex . At least 23 companies have announced layoffs ...By Teresa Carey May 19, 2023 6:00am. The Top Line Sarepta Therapeutics Abbott FDA approval. Layoffs have hit biopharma hard over the last year and a half. In this episode Fierce Biotech's Max ...by Ryan McBride and Mark Hollmer The general upheaval in the pharma business kept employees on edge and HR departments busy drafting layoff notices last year. Drugmakers slashed thousands of jobs inSep 16, 2022 · AbbVie did not immediately respond to Fierce Pharma’s request for comment on the layoffs. Moving down the coast, BMS’ workforce is shrinking across two separate sites in San Diego County, one ... Of the $3.5 billion in planned cuts by the end of next year, Pfizer hopes to realize $1 billion in savings in 2023. Amgen plans to lay off 350 former Horizon employees after $28B buyout. Elsewhere ...More layoffs are hitting the life sciences sector. A Japanese drugmaker with a presence in North Carolina is cutting its workforce by about 400 employees. Sumitomo Pharma Co. is reducing the size ...Two months after closing its multibillion-dollar acquisition of Mirati Therapeutics, Bristol Myers Squibb is bidding adieu to more than 250 workers at the biotech's headquarters in California. In ...Jul 13, 2023 · Published Jul 13, 2023. The pharmaceutical industry is undergoing significant changes in 2023 as companies grapple with challenging economic conditions and the need to reduce costs. Layoffs have ... Bayer declined to comment on the scale of the layoff or the functions involved. Reducing bureaucracy is the “central component” of the adjustments, a Bayer spokesperson told Fierce Pharma.BioMarin Pharmaceutical has decided to cut 94 jobs in the North Bay, according to the filing by the biotech firm. If tech and biotech layoffs become widespread, the effects on the Bay Area economy ...In today’s fast-paced business environment, companies often undergo restructuring or downsizing to stay competitive. Unfortunately, these changes can result in employee layoffs and...Biotech and Pharma Layoffs Forecast for 2023. March 16, 2023. 2021 saw record venture capital investment and IPO activity in biotech. One hundred forty-seven companies went public and valuations soared. In 2022 only 25 companies went public and most biotech index funds are down more than 50% from their peak in February 2021.Novartis is swinging the layoff ax once again, and this time it’s falling on operations in Dublin. The Swiss pharma is cutting about 400 jobs at its global service center at Elm Park in Dublin ...Novartis is swinging the layoff ax once again, and this time it’s falling on operations in Dublin. The Swiss pharma is cutting about 400 jobs at its global service center at Elm Park in Dublin ...India's Sun Pharma has joined that trend and will close a plant in New Jersey, costing nearly 100 workers their jobs. Sun closing New Jersey plant, laying off nearly 100, to cut costs in ...The cuts come amid a string of layoffs in the biopharma industry and at Thermo Fisher specifically. Last April, the company shut down its Princeton, New Jersey facility and parted ways with 113 ...Jan 11, 2012 ... ... layoffs of 126 and 100 people, respectively, at their Canadian operations as part of global streamlining efforts. J&J's job cuts, announced ...Apr 18, 2024 ... They note that in 2024, ...The pharma giant did not provide a quantifiable scale of the impending layoffs. On 18 January, Ikena Oncology also revealed that it will jettison 35% of its workforce in in order to prioritise resources for its clinical stage cancer programs, IK-930 and IK-595. The company anticipates completing the restructuring by 31 March 2024. Jan 2, 2024. Listen to this article 22 min. Dozens of life sciences firms collectively laid off near

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3) More pipeline acquisitions, smaller R&D shops. The Pharmaceutical Research and ...

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Noteworthy among the recent layoffs is Biogen, which plans to release around 1,000 employees–or 11% of its w...

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By Fraiser Kansteiner Aug 23, 2022 8:00am. Teva Pharmaceutical layoffs job cuts steril...

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Read breaking news on new biotech and pharmaceutical layoffs from BioSpace, the Home of the Life Sciences I...

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Dive Brief: Gilead Sciences is laying off about 7% of employees at cell therapy unit Kite Pharma in a restruc...

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Sep 14, 2022 ... As layoffs mount at tech firms, biotechs and pharmaceutical companies are scooping up employees wi...

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The Centrum maker pulled down 2.98 billion pounds ($3.91 billion) during this year’s first quarter after bringing in...

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