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October 13, 2008 11:09:16 AM CDT


Stories related to: Amgen

Stories

2 Stories

  • August 2007
    • Biotech Giant Slashes Jobs

      Biotech Giant Slashes Jobs

      (Newser) - Biotech giant Amgen is slashing spending by $1.9 billion by cutting up to 14 percent of its workforce— 2,600 jobs—and closing some production facilities. The restructuring was triggered by plummeting sales of the company's anemia drug Aranesp. The shake up demonstrates that biotech operations are not immune to the problems that plague traditional drug companies, the Wall Street Journal reports. More »

      Tags

      biotechnology   Genentech   restructuring   Roche Holding   Cera   Amgen

  • May 2007

2 Stories

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