German drugs researchers face axe

Gibson, Jane
January 2007
ICIS Chemical Business;1/29/2007, Vol. 2 Issue 51, p12
Trade Publication
The article unveils the plan of German drug makers to reduce their workforce in 2007. The plans were raised in relation to the expected lower sales and earnings in the country. According to a survey, several companies will reduce their research and development (R&D) spending. Another study concluded that staff reductions in the country's drugs sector is related to the global industry consolidation and changing job profiles.


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