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Latest News

CSL to Layoff 15% of Employees, Close 22 US-based Plasma Centers
CSL to Layoff 15% of Employees, Close 22 US-based Plasma Centers
By Don Tracy, Associate Editor

August 19th 2025

The global biotherapeutics company announced that it will seek to streamline operations as part of a broader transformation to boost efficiency, refocus on core businesses, and reinvest in high-priority programs.

Layoffs Continue Across Biotech Industry as More Companies Restructure and Reprioritize
Layoffs Continue Across Biotech Industry as More Companies Restructure and Reprioritize
By Don Tracy, Associate Editor

August 14th 2025

Fate Therapeutics, Generation Bio, and ORIC Pharmaceuticals join a growing list of companies implementing workforce reductions as they restructure operations, extend cash runways, and focus resources on advancing lead clinical programs amid challenging market conditions.

AbbVie Latest to Commit to New US Manufacturing Growth Projects, Committing $195 Million to Expand API Capabilities
AbbVie Latest to Commit to New US Manufacturing Growth Projects, Committing $195 Million to Expand API Capabilities
By Don Tracy, Associate Editor

August 13th 2025

The project aims to enhance AbbVie’s chemical synthesis capacity to support next-generation neuroscience, immunology, and oncology medicines, with construction beginning in 2025 and operations slated for 2027.

Bayer Layoffs Reach 12,000 in Ongoing $2.3 Billion Restructuring Plan
Bayer Layoffs Reach 12,000 in Ongoing $2.3 Billion Restructuring Plan
By Don Tracy, Associate Editor

August 7th 2025

The company is streamlining its global workforce as part of a multi-year cost-cutting strategy, while raising its 2025 outlook on the strength of key pharmaceutical products.

Stephanie J. Creary, Assistant Professor of Management at The Wharton School of The University of Pennsylvania.
How Should BioPharma C-Suites Guide and Support Remaining Employees After Workforce Reductions?
By Michael Wong

August 5th 2025

A Harvard Business School Healthcare Alumni Association Q&A with Stephanie J. Creary, Assistant Professor of Management at The Wharton School of The University of Pennsylvania.

More News


Pharm Exec 50: Growth from the Bottom Up

Pharm Exec 50: Growth from the Bottom Up

Patrick Clinton;Jerry Cacciotti
May 1st 2012

More consolidation didn't boost sales at the top, but a handful of nimble newcomers posted impressive growth on the other end of the curve.


Profound Changes in the Outsourcing Landscape

Profound Changes in the Outsourcing Landscape

Kenneth Getz, MBA
February 29th 2012

Sponsor sourcing requirements are diverging from the operating needs and long-term strategies of the major CROs.


The Pharma Revolution Recalibrated

The Pharma Revolution Recalibrated

November 1st 2011

Industry critics point to a lag in NME approvals as proof of innovation stagnation, but combination products and new delivery systems are quietly saving lives, and bringing in big dollars.


Pharm Exec:  30 Years,  30 Leaders

Pharm Exec:  30 Years,  30 Leaders

William Looney
October 1st 2011

Pharm Exec celebrates its 30th birthday with a gathering of 30 of the industry's key influencers of the last three decades.


Keeping Your Place on the Nifty 50

Keeping Your Place on the Nifty 50

May 1st 2011

What do the Pharm Exec 50 numbers tell us? The dominant theme seems to be one of gradual restructuring toward a post-patent-cliff era.


Pharm Exec Wins a Neal Award!

Pharm Exec Wins a Neal Award!

Jeff Schindler
April 1st 2011

William Looney, Editor-in-Chief, last month took home the award for "Best Commentary"


Pharm Exec's Seventh Annual Media Audit

Stephen J. Porth, PhD;George P. Sillup, PhD
March 1st 2011

Negative views regarding pharma are on the rise, but vaccines help keep the focus on the positives of innovation


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Skipping the Needle: Pharm Exec's Brand of the Year

Jennifer Ringler
February 1st 2011

Novartis' Gilenya is a step forward in treating Multiple Sclerosis. But generating increased compliance is another story


The Night Stalkers

The Night Stalkers

William Looney
January 1st 2011

"Tops in Fraud" is a ruinous moniker for pharma-a business so dependent on basic issues of trust, integrity, quality and safety


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The List: 2011

Walter Armstrong
January 1st 2011

It's a new year. Even pharma, with its glacial timelines, has its "Out with the old, in with the new" moment. Welcome to 2011!


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Emerging Stakeholders with Clout: The Press Power Behind ProPublica

William Looney
December 1st 2010

The new investigative journalism organization recently took an in-depth look at pharma with its "Dollars for Docs" report. In return, Pharm Exec takes a look back at ProPublica


The Next Wave: Pharm Exec's 2011 Pipeline Report

The Next Wave: Pharm Exec's 2011 Pipeline Report

December 1st 2010

42 of the best new drugs in development–or parked at the FDA


Nicotine Addiction: What Lights Up the Field

December 1st 2010

Pharm Exec's Pipeline Report 2018


Nobel Laureate Elie Wiesel Exclusive Interview

Nobel Laureate Elie Wiesel Exclusive Interview

William Looney
October 1st 2010

Ethical behavior can be a bridge-builder in an era where Big Pharma needs to find new partners. Is it up to the challenge?


Emerging Pharma Leaders  2010

Emerging Pharma Leaders 2010

The Pharm Exec staff
June 25th 2010

Strong, skilled management is on the agenda as never before. Find out who made 2010's roster of high-potential change masters-and how they plan to lead the industry through the turbulent times ahead.


Pharma Unplugged Episode #4 - Give Until It Hurts

Pharma Unplugged Episode #4 - Give Until It Hurts

January 22nd 2010

GAO reviews price hikes in branded drugs, FDA opens up to public, and pharma opens its wallet for Haiti. All on this week's Pharma Unplugged.


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Place Your Bets

September 1st 2008

The industry is a-changing. Here are eight seminal events that describe how.


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Finance: Q&A with Annette Grimaldi

March 1st 2007

The latest dealmaking trends: Early-stage is back in favor. There's more money to be made in being acquired than in going public. And license deals are putting more on the back end.

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