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Merck layoffs inspire poets to versify

Curious what one laid-off Merck rep thinks about the Read more...
Tags: Merck   Cordaptive   layoffs  

Merck to cut 1,200 sales reps

The axeman cometh to Merck's sales force. The drugmaker plans to lop off about 15 percent in the sales ranks, or 1,200 jobs. The fact that it's not alone in trimming back on reps--Wyeth just Read more...

J&J laying off 400 in marketing overhaul

With Procrit under siege, Johnson & Johnson wants to divert its promotional efforts elsewhere--a strategy that will lead to some 400 job cuts in its sales-and-marketing ranks. The company told Read more...

Wyeth to slash another 1,200 jobs

And the ax is falling again. Wyeth notified employees last Friday than another 1,200 jobs will be slashed from the payroll. That's on top of the Read more...

New CEO expected to'strip' Biovail

To listen to news reports about incoming Biovail CEO Bill Wells, you'd think he was one of the horsemen of the Apocalypse. A director for three years, Wells is set to take over the helm May 1, and Read more...

Lilly wants to buy out 500 workers

Add up to 500 Eli Lilly workers to the pharma layoff toll. The Indianapolis-based pharma plans to offer buyout packages Read more...

A turbulent week for Fred Hassan

Wonder what it was like to be Fred Hassan (photo) last week, when his top products were getting hammered first Read more...

NJ will feel brunt of Schering ax

Fasten your seat belts, New Jersey, it's going to be a bumpy ride. Schering-Plough CEO Fred Hassan (photo) said that Read more...
Tags: Vytorin   Zocor   layoffs   Merck  

Schering-Plough laying off 5,500

Schering-Plough has proven quick on the layoff trigger. The company announced a plan to cut costs by $1.5 billion by 2012 in the wake of the latest round of Vytorin controversy. Roughly 5,500 Read more...
Tags: Zocor   Vytorin   Merck   Schering-Plough   layoffs  

1,200 Wyeth reps out of work

Don't tell these 1,200 Wyeth sales reps to have a nice weekend. They got pink slips on Wednesday, their jobs eliminated in the drugmaker's Read more...

Press Releases

PRESS RELEASE: Novartis launches strategic initiative to improve competitiveness in a changing healthcare environmenT

Novartis launches strategic initiative to improve competitiveness in a dynamically changing healthcare environment "Forward" to simplify organizational structures, accelerate and Read more...

PRESS RELEASE: Bristol-Myers Squibb Company Outlines Strategy and Productivity Transformation

Bristol-Myers Squibb Company Outlines Strategy and Productivity Transformation Initiative During Update to Investment Community Expects Productivity Transformation Initiative to Generate Pre-Tax Read more...

PRESS RELEASE: GPC Biotech Announces Corporate Restructuring

GPC Biotech Announces Corporate Restructuring Martinsried/Munich (Germany) and Princeton, N.J., November 15, 2007 – GPC Biotech AG (Frankfurt Stock Exchange: GPC; TecDAX index; NASDAQ: GPCB) today Read more...

PRESS RELEASE: Nastech Pharmaceutical Company Says to Cut Workforce

Nastech Pharmaceutical Company Says to Cut Workforce BOTHELL, Wash., Nov. 13 -- Nastech Pharmaceutical Company Inc. ("Nastech") (Nasdaq: NSTK - News) announced today its corporate Read more...

PRESS RELEASE: Nanogen to Close Array Business - Will Focus on Two High Growth Product Lines

Nanogen to Close Array Business - Will Focus on Two High Growth Product Lines SAN DIEGO (November 12, 2007) – Nanogen, Inc. (Nasdaq: NGEN), developer of advanced diagnostic products, announced Read more...

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