5 recent pharma layoffs

Becker's Hospital Review has reported the following five drug company layoffs in the last month. They are listed below, beginning with the most recent.

1. Bristol-Myers Squibb to lay off 69 employees in Florida
Bristol-Myers Squibb will lay off 69 employees from its Tampa, Fla.-based facility Jan. 31.

2. Sanofi cuts 160 jobs in Tennessee
As part of a U.S. restructuring effort, biopharmacutical company Sanofi will cut 160 jobs at its facility in Chattanooga, Tenn.

3. Massachusetts drugmaker will cut 60% of workforce after failed drug trial
Merrimack Pharmaceuticals, a Cambridge, Mass.-based drugmaker, will slash its workforce by 60 percent and end development of its lead cancer drug after disappointing clinical trial results.

4. Biopharma company Lonza to lay off 60
Beginning Dec. 1, biopharmaceutical company Lonza will lay off 60 people at its manufacturing plant in Maryland.

5. GlaxoSmithKline to lay off 99 in Tennessee
Pharma giant GlaxoSmithKline will lay off 99 employees at its manufacturing facility in Memphis, Tenn.

More articles on pharmacy:
Florida adds CVS, Walgreens to opioid lawsuit
Pfizer to hike price of 41 drugs in January
Novartis has spent $15B to reinvent itself

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months