AstraZeneca axes 700 jobs
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Drugs giant AstraZeneca announces it is to cut more than a quarter of the jobs at a plant in Cheshire.
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Companies under $700 million market cap get Sarbanes-Oxley filing extension.
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Cadbury Schweppes Plc , the world's largest confectionery group, plans to cut 7,500 jobs and close around nine plants as it seeks to catch up with the profitability of U.S. rivals after the sale of its drinks arm.
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AstraZeneca Plc suffered its third setback in two months on Friday as lung cancer drug Iressa failed to help patients live longer
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Sprint Corp., the telecommunications giant, said Friday it will cut 700 jobs in its business solutions division as it stops selling business long distance services outside of package deals.
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Nokia Corp. said Thursday it will lay off up to 700 people globally, mostly in its enterprise business operation, in a move to increase efficiency and improve competitiveness.
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Sprint Corp., the telecommunications giant, said yesterday it will cut 700 jobs in its business solutions division as it stops selling business long distance services outside of package deals.
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AstraZeneca said yesterday that it completed its $15.6 billion acquisition of MedImmune, capping the Gaithersburg firm's rise from a small start-up 19 years ago to one of the world's largest biotech companies.
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The pharmaceutical's net revenue jumps 77%.
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The UK government said drugmakers agreed to reduce by 7 percent the price they charge for branded prescription medicines. The reductions, negotiated with the Association of the British
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AstraZeneca is spending 75 million pounds to take a 20 percent stake in Cambridge Antibody Technology and boost its position in one of the fastest-growing fields of drug research.
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Hostile environment prompts root and branch review. Exanta unlikely to win US approval in near future. By Stephen Foley. AstraZeneca, the UK&#39;s number two pharmaceuticals company, has launched a &quot;root and branch
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WASHINGTON (CBS.MW) - Sprint Corp. said Friday it will cut up to 700 jobs, write down the value of its traditional phone network and spend less money marketing standalone long-distance service.
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The drugmaker announces another great quarter of growth.
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Merck &amp; Co. plans to cut its workforce by 5,100 jobs by the end of the year--about 700 more than originally planned. Whitehouse Station, NJ-based Merck said in materials filed with the Securities and Exchange
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Company plans to cut up to 7000 jobs this year as it transitions to digital technologies.
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The drug company presents 2007's numbers and gives 2008 guidance.