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Pfizer pushes scientists out of labs

Calcutta News.Net
Tuesday 13th January, 2009

Pharmaceutical firm, Pfizer Inc, has announced a lay-off of 800 scientists for this year.

The world's largest drug-maker has tightened it research and development area as it works toward a reduction of 5 to 8 percent in outgoings.

Pfizer, which is facing generic competition, has decided to take resources from some its poorer performing areas after unsuccessfully trying to develop better alternates to existing products.

 




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