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Home » Biopharmas face more layoffs and reductions amid rising costs
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Biopharmas face more layoffs and reductions amid rising costs

March 31, 2023
By Karen Carey
At least 64 biopharma companies have announced workforce reductions so far in 2023, resulting in 6,000 jobs lost in the industry. It is a clear indication of a continuing trend begun last year in which executives needed to rein in spending to keep innovative programs afloat.
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