Generics squeeze forces Novartis Colorado plant to close, imperiling 450 jobs

17th October 2017 Uncategorised 0

Some drugmakers are responding to industrywide generics pricing pressure by bulking up via M&A. Not Novartis. The company plans to scale back or nix production of some generic drugs, and as a result, it’ll close a 450-employee Sandoz plant.

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Source: fierce