Actelion to axe 135 'mostly R&D' staff, PhII projects possibly up for grabs
This article was originally published in Scrip
Executive Summary
Actelion is cutting staff numbers by 135 globally, "the majority in R&D areas", as part of a cost cutting initiative first outlined in May this year. The Swiss firm currently employs around 800 R&D staff. Around 115 of the positions under threat are located in the company's headquarters in Allschwil, Switzerland.