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.

Have your say on this story