Sanofi may be trimming its headcount in Japan through voluntary retirements, but the drugmaker is adding jobs in Hungary. The company plans to open a shared services center in Budapest and employ 350 people there.
The site will start with 100 workers and provide business support services such as accounting, finance and human resources in seven languages, according to a press release (PDF). Sanofi currently employs more than 2,000 people in Hungary at three manufacturing plants, a logistics site and a global strategic unit. The company plans to grow employment to 350 by 2022.
The news comes right on the heels of Sanofi’s confirmation that it’s trimming jobs in Japan through voluntary early retirements, although the drugmaker didn’t confirm a target number of job cuts. Citing a source, Reuters reported the company wants to reduce its headcount by 200 employees in the country.
It also comes amid CEO Paul Hudson’s “listening tour,” during which he’s working to learn as much as he can about the company by visiting numerous sites and countries. Hudson joined from Novartis last month and hasn’t yet talked about future strategies, but he plans to have a presentation ready for an investor event in December.
Before the Japan retirement confirmation, Sanofi in June said it would cut 466 jobs in its R&D group in France and Germany. In April, the company said it would lay off an undisclosed number of U.S. sales staffers.
Meanwhile, the company is weighing strategic options in Bangladesh, a spokesman confirmed. Local reports have said the company intends to sell its share and exit the country, creating uncertainty for 1,000 workers.
Sanofi operates in more than 100 countries and employed 104,266 workers at the end of the year, down slightly from 106,566 at the end of 2017 and 106,859 at the end of 2016.
By Eric Sagonowsky
Source: Fierce Pharma
Novartis will acquire Mariana’s lead candidate MC-339, a radioligand therapy (RLT) designed to target small-cell lung cancer. Last year, Mariana had raised $175m in a Series B round from several funds and pharma giant Eli Lilly.
The company’s aspiration to expand the use of its obesity products to cardiovascular indications has been successful. In March, its blockbuster drug Wegovy was approved by the US Food and Drug Administration (FDA) for reducing the risk of cardiovascular diseases in obese or overweight adults.
Massachusetts-based Deciphera brings to the table an extensive kinase inhibitor pipeline, kinase drug discovery expertise, and a strong commercial and sales platform in the US and European markets that is meant to advance Ono’s capabilities and presence in the oncology space.
