Category: Hiring/layoffs

  • Drug Discovery Company Cutting 30% of Staff

    Adolor Corporation, a drug discovery and development company in Exton, Pennsylvania will reduce its staff by 30 percent to meet an expected cash flow reduction over the next two years. The company specializes in pharmaceuticals for pain management. In its press release, Adolor says sales of its flagship product Entereg, developed for upper and lower…

  • Genzyme to Expand its Suburban Boston Campus

    Genzyme Corporation, a biotech company in Cambridge, Massachusetts, plans to double the size of its manufacturing and research facilities in nearby Framingham, according to a story by Scott Van Voorhis in yesterday’s Boston Globe. The plan involves doubling the size of that facility and adding up to 1,000 new jobs, according to a company executive…

  • U.S. R&D Companies Employ 27 Million Worldwide

    More than 27 million people worldwide worked at U.S. companies in 2008 that fund or conduct research and development, according to new statistics from the National Science Foundation (NSF). Solid majorities of the 27.1 million employees in those companies worked in the U.S. (68%) or for manufacturing companies (60%). In these companies, however, just under…

  • Merck to Cut Workforce, Close Research and Manufacturing Sites

    Merck & Co. in Whitehouse Station, New Jersey announced today a consolidation of its research and manufacturing operations, reducing its workforce 15 percent and closing eight research and eight manufacturing sites. The reductions in sites and workers are part of Merck’s integration of facilities with Schering-Plough, following its acquisition in November 2009. The company says…