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Today's Top Stories
1. AstraZeneca adds 7,400 to layoff toll
By Calisha Myers Comment | Forward
It's been a tough week for Big Pharma's rank-and-file. First, Pfizer said it would lay off 8,000 folks, and up to 20,000 if its Wyeth merger goes through. Now, AstraZeneca is doubling the size of its cost-cutting plan--which means another 7,400 or so jobs face the ax by 2013.


2. 1,000-plus lose jobs at Sepracor, Abbott
By Calisha Myers Comment | Forward
More sad-but-true statistics: Sepracor plans to slash 20 percent of its workforce, or 530 jobs. Another 410 contract sales jobs will be eliminated, too, for a grand total of 940 newly unemployed. And Abbott Laboratories, stymied by its inability to get a Vicodin follow-up drug approved, is cutting loose the 200 reps trained to support the new med.