Pink Sheet is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction

Schering AG Expects Restructuring Program Will Result In Charges Of $90 Mil.

This article was originally published in The Pink Sheet Daily

Executive Summary

The German pharmaceutical company has cut 600 jobs out of the 2,000 that will be eliminated as part of its portfolio restructuring. Schering AG will spread the charges over 2004 and 2005.

You may also be interested in...



Schering AG Dermatology Business “Intendis” To Begin Operations Jan. 1

The U.S. branch of Intendis will operate out of Montville, N.J. Leadership will include former VP of Schering AG’s U.S. dermatology business Bernhard Schefter as North America marketing head.

Schering AG Making Oncology A Primary Focus; Dermatology Unit Will Become Separate Entity

Berlex’ German parent says the new focus will help it exploit the potential of a Phase III angiogenesis inhibitor under development with Novartis. Portfolio restructuring includes termination of R&D in cardiovascular and CNS areas, except for multiple sclerosis and Parkinson’s disease.

U.S. Patents Could Limit President's AIDS Drug Assistance Plan, GAO Says

The U.S. Global AIDS Coordinator's Office suggests it will use its authority to purchase an FDA-approved generic antiretroviral product for which permission could not be obtained from the patent holder. FDA grants tentative approval to a South African firm for a generic co-packaged version of Combivir and Viramune.

Topics

Latest Headlines
See All
UsernamePublicRestriction

Register

PS058146

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel