Johnson & Johnson to cut production and staff
This article was originally published in Clinica
Johnson & Johnson is to close nearly a quarter of its manufacturing operations - reducing the number from 158 to 122 - and to cut its workforce by 4%, or 4,100 people, in an attempt to "gain efficiencies, increase productivity and invest in new opportunities". The move will save J&J $250 million to $300 million annually.
You may also be interested in...
Regulatory review resource-intensive cell and gene therapy licensing applications are rolling toward US FDA along expedited pathways, while complete response letters and missed goal dates start to stack up under pandemic inspection constraints.
With Warp Speed Decisions Already Made, Transitioning To Biden Admin Should Be No Trouble, Slaoui Says
As vaccines near availability, Moncef Slaoui says his full-time role at OWS may be ending. He has not met with the Biden Transition team, but notes that other Warp Speed officials have.
Strong top-line efficacy in pyruvate kinase deficiency patients who don’t receive regular transfusions looks approvable, analysts say, but Agios will await data in regularly transfused patients.