Companies tighten their belts

October 2007
Pharmaceutical Representative;Oct2007, Vol. 37 Issue 10, p10
The article offers news briefs related to pharmaceutical industries. New Brunswick, New Jersey-based Johnson & Johnson has announced plans to trim $1.3 billion to $1.6 billion from its 2008 pre-tax expenses. California-based Amgen Inc. is cutting 12% to 14% of its staff, although the company indicated that none of the headcount reductions will occur within the sales function. AstraZeneca PLC has expanded its previously announced restructuring plan.


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