The company told its employees it will begin the layoffs Aug. 18. The closure will occur later this summer.
Company officials cited a “shift to a virtual manufacturing model” as the reason for the closure.
Geritrex still has a plant in Mount Vernon, N.Y.
More articles on pharmacy:
Viewpoint: The $2.1M drug price record won’t last long
J&J to cut 61 jobs in New Jersey
Mallinckrodt to spin off generics unit
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