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Company Lays Off 1,700 ... Via Conference Call

Not a candidate for boss of the year: Sanofi-Aventis

(Newser) - Sanofi-Aventis will most likely not be making an appearance on the "best places to work" list: The world's fourth largest drugmaker had a "brutal and inhumane" method of laying off 1,700 employees, says one of the canned: via conference call. The Huffington Post reports that on Nov.... More »

800K Swine Flu Shots for Kids Recalled

They lost effectiveness since being distributed

(Newser) - French drugmaker Sanofi-Aventis has recalled 800,000 child doses of swine flu vaccine sold to the US because the preservative-free shots have significantly declined in potency since manufacture. The CDC says anyone already vaccinated with the syringes—intended for children 6 to 25 months—is safe, but doctors should return... More »

Prices Jump for Top Drugs

Drug giants collect now against expected future losses

(Newser) - Drug companies have slapped a series of huge price hikes on some prescription drugs ahead of drug patent expirations, the Wall Street Journal reports. GlaxoSmithKline has raised the price of antidepressant Wellbutrin 44.5%, while Sanofi-Aventis hiked Ambien's price 70%. Wholesale prices for the top 50 drugs increased an average... More »

3 Stories