Biogen, working through a 'transition,' plots 1,000 more layoffs by 2025
Fierce Pharma
JULY 25, 2023
In a sizable cost-cutting measure, Biogen will lay off 1,000 employees by 2025, it announced in presenting its second quarter earnings. In reporting its first-quarter earnings, Biogen said it would halt the development of at least four investigational drugs to allow the company to focus on more lucrative opportunities. |
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