Merck Eliminating 7,200 Jobs January 30, 2009 No Comments on Merck Eliminating 7,200 Jobs Post View 0 Merck, the world's eighth-largest drug maker by revenue, is eliminating 7,200 jobs, or 13% of its workforce, as sales of some key products have been…
Pfizer to Buy Wyeth for $68 Billion, Cut 8,000 Jobs January 26, 2009 No Comments on Pfizer to Buy Wyeth for $68 Billion, Cut 8,000 Jobs Post View 1 Brooklyn pharmaceutical giant Pfizer will acquire rival Wyeth for $68 billion. The boards of directors of both companies have approved the deal. Pfizer will cut…
Facet Biotech Fires 80 January 8, 2009 No Comments on Facet Biotech Fires 80 Post View 0 Facet Biotech, spun-off from PDL BioPharma last month, will cut about 80 jobs as it tries to reduce costs, and narrow its focus on oncology…