12.02.2018
- Troubled Israeli generics giant Teva Pharmaceuticals is making "strong progress" on its turnaround plan, despite an even higher loss – approaching $12 billion – in the 2017 fourth...
20.12.2017
- At a Dec. 19 meeting with Prime Minister Benjamin Netanyahu and high-ranking cabinet ministers, management of Teva Pharmaceuticals, the world’s largest generic drugmaker and Israel...
04.12.2017
- Kåre Schultz, new chief executive officer of debt-plagued Israeli drugmaker Teva, is moving rapidly to make good on his pledge to improve the company’s financial performance and...
12.09.2017
- US pharmaceutical giant Eli Lilly has announced it will slash 3,500 positions – about 8% of its global 42,000-strong workforce up to the end of 2017. The cuts, part of a scheme to...
04.11.2014
- A realignment scheme initiated by new Lanxess CEO Matthias Zachert last spring could see the chemical producer's 16,900-strong workforce cut by 7%, a German newspaper has reported...
12.04.2013
- Drugmaker Eli Lilly plans to lay off about 1,000 domestic sales representatives, or 30% of its U.S. sales force, as it faces new generic competition for its top drugs, a person...
21.12.2012
- The U.S. medical technology industry, once a haven for secure, high-paying jobs, is blaming a new tax meant to help fund the Affordable Care Act for upcoming layoffs. But even if...
