Friday, December 7, 2018 Daily Archives

French staff cuts but Sanofi committed to $800m biomanufacturing plans

Sanofi will cut 750 jobs in France but says it remains committed to biologic and vaccine manufacturing investments totaling €700 million ($800 million) in the country. With civil unrest breaking out on the streets of Paris as members of the so-called ‘Gilets Jaunes’ demand everything from lower taxes to better job security, France’s largest biopharma firm Sanofi has revealed plans to reduce its domestic workforce by 750, and scrap plans to recruit a further 250 staff. “Sanofi in France informed…

Novo Nordisk pumps further $22m into NC drug product site

Less than a year after beginning a $65 million expansion at its Clayton diabetes finished products plant, Novo Nordisk has announced a further capacity investment. In February 2018, Novo Nordisk announced plans to up capacity at its finished product plant in Clayton, North Carolina through a $65 million (€74 million) aimed at fulfilling the demand for its diabetes and obesity medicines. Ten months on, and the Danish drugmaker has committed a further $22 million to the site and will add…