Sanofi Becomes the Latest Drugmaker to Feel the Heat From the Shrinking Diabetes Market

Trevena Slashes 30% of R&D Jobs Amid Cost Cuts

Trevena Slashes 30% of R&D Jobs Amid Cost Cuts

Sanofi has announced major restructuring, which will involve about 400 job cuts in the U.S.

Paris’ Sanofi has announced major restructuring, which will involve about 400 job cuts in the U.S. However, Sanofi is not the only company feeling the pain in the insulin market. Eli Lilly and Novo Nordisk have also been hit, with Novo Nordisk cutting 1,000 positions in 2016 and Lilly cutting around 3,500 in 2017.

Here’s a roundup of these stories and other top career news from the past month.

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