Tag: cuts
Intercept cuts 25% of workforce after NASH rejection from FDA
After a surprise rejection from the FDA derailed Intercept’s plans to launch the first nonalcoholic steatohepatitis (NASH) drug, the company is cutting its workforce.
In a Securities and Exchange...
FiercePharmaAsia—China’s price-slashing round; Takeda’s Japan cuts; Sinopharm’s COVID-19 vaccine price
Multinational pharmas, including Eli Lilly, Pfizer, Merck & Co. and AstraZeneca, lost to local generic makers in China's third round of bulk procurement bidding...
AstraZeneca’s Farxiga cuts serious events by half in patients with chronic...
AstraZeneca has shaken up the lucrative heart failure market with diabetes med Farxiga after a major approval earlier this year. But in kidney disease, another...
Sanofi weighs job cuts as part of CEO Paul Hudson’s ‘roadmap’:...
Under CEO Paul Hudson, Sanofi is seeking to cut costs, among other goals. One route it's considering? Job cuts, Reuters reports.
The drugmaker is weighing hundreds of layoffs, sources...
ASCO: AstraZeneca’s Tagrisso, headed for big sales boost, cuts lung cancer...
In mid-April, at the recommendation of an independent data monitoring committee, AstraZeneca unblinded a phase 3 trial of Tagrisso two years early. Now, the...
Teva CEO says manufacturing cuts will keep coming even after $3B...
The way Teva Pharmaceutical CEO Kåre Schultz figures it, manufacturing is the cost-cutting gift that just keeps on giving. After the Israeli drugmaker completes...
