News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Biogen, Inc. to Implement Restructuring Program; to Cut Jobs



10/25/2010 7:04:27 AM

NEW YORK, Oct 22 (Reuters) - Biogen Idec Inc (BIIB.O) is planning to consolidate facilities and cease development of certain research projects as it moves to cut costs and focus on those programs it considers most promising, according to a source familiar with the situation.

Read at Reuters


comments powered by Disqus
Reuters
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES