Pharmaceuticals saleswoman Jane MacFarlane says developing expert knowledge about the products she sells means engaging in pretty intensive ongoing learning processes. Processes that involve her memorising information about everything from the chemistry of Amgen CEO Bob Bradway explained in a memo that these job cuts are in fact part of a more detailed yielded clinically superior results in trials that compared its efficacy with Takeda Pharmaceutical Co Ltd (ADR)’s (OTCMKTS:TKPYY) blockbuster treatment About 120 employees will lose their jobs at Cubist Pharmaceuticals in Lexington in a cost-cutting move. The Boston Business Journal last week reported the move was made after drug giant Merck purchased Cubist for $9.5 billion last year. Before the cuts Pfizer has reversed its decision to close its manufacturing facility at Little Island in Cork in a move that safeguards 160 jobs. The US pharmaceutical giant announced plans to shut down the plant in May 2013 due to falling demand for key products. Amgen Inc. plans to cut about 300 jobs and close one of its buildings in South San Francisco as part of a reorganization that will combine the biotech’s cancer organization with one it acquired by buying Onyx Pharmaceuticals. The shine on Amgen’s $10.4 "Based on the findings, we have taken disciplinary action against employees whose conduct went against GSK’s values and code of conduct. We have zero tolerance for this kind of behavior," wrote a GSK spokesperson to WSJ's Pharmalot. While the scandal in .
Over 130 jobs have been saved after a US pharmaceutical giant reversed its decision to axe production at a key Irish plant. Pfizer will now continue drug production at its Little Island facility in Cork, which had been earmarked for closure later this year. Nobel laureate for economics Joseph Stiglitz has strongly argued against US pressure on India’s intellectual property regime. Stiglitz, along with his colleagues Dean Baker and Arjun Jayadev, spoke to Rema Nagarajan on the controversial issue of patents US SHARES closed down yesterday for the second day in a row as investors stepped back after a recent rally ahead of jobs data due later in the week. Healthcare stocks were the only bright spot in the market after a US Supreme Court hearing and a cancer That period of intense Big Pharma turmoil, though, has failed to create a new normal that can offer investigators greater confidence that they'll be able to keep their jobs. And the disruption is continuing with a new wave of restructuring every bit as .
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