Merck announced (Scrips story) its intention yesterday to cut its workforce by 15% or approximately 15,000 employees worldwide. Many of these cuts will come from the R&D area. This continues the trend in R&D reductions industry wide that was discussed in a post a few days ago. For more on this topic, go to Eric Milgram's PharmaConduct blog.
Posted by Bruce Lehr Feb 17, 2010.