Hello, everybody, and the way are you at the moment? We’re doing simply nice, thanks, particularly because the center of the week is upon us. In any case, we’ve made it this far, so we’re decided to hold on for one more couple of days. And why not? The options — not less than these we are able to establish — will not be so appetizing. And what higher technique to make the time fly than to maintain busy. So seize that cup of stimulation and get began. Our taste at the moment is chocolate raspberry, for these monitoring our habits. Now, although, the time has come to get busy. So please seize your personal cup and dig in to the objects of curiosity assembled under. We hope you’ve an exquisite day, and please do communicate. …
Biopharma layoffs have been greater over the previous couple of years than throughout the trade’s increase occasions amid the Covid-19 pandemic, and job cuts this 12 months have primarily hit bigger pharmaceutical corporations to a higher diploma than up to now, in line with STAT. About 67% of life science workers laid off throughout the first half of 2024 had been at biopharma corporations with greater than $1 billion in annual gross sales. It is a sharp soar from 2021 to 2023, when bigger corporations accounted for 47% of layoffs. In the meantime, the variety of biotech job postings fell from 21,366 to 12,300 between the primary 5 months of 2021 and the identical interval this 12 months.
Purdue Pharma secured a two-month window to barter a brand new settlement with members of the Sackler household, Bloomberg Information notes. The OyxContin maker and its homeowners are bracing for a possible wave of civil opioid lawsuits after the U.S. Supreme Court docket scuttled an earlier $6 billion deal. Chapter Court docket Decide Sean Lane mentioned throughout a Tuesday court docket listening to in New York that he would prolong for 60 days an injunction that, for years, has paused opioid litigation in opposition to the billionaire household whereas Purdue, authorities authorities, and victims attorneys tried to effectuate the sooner settlement.
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