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September 25, 2007

Besides R.I. cuts, Amgen plans California layoffs

WEST GREENWICH -- Rhode Island is not the only state suffering from Amgen's struggles.

In addition to laying off about 450 employees in West Greenwich, the pharmaceutical giant plans to dismiss about 600 staff members at its headquarters in Thousand Oaks, Calif.

Amgen is also laying another 350 employees at other U.S. facilities, part of an effort to reduce spending in response to a sharp drop in sales of Epogen and Aranesp, top-selling anemia drugs that have come under scrutiny after studies found that they may increase the risk of stroke and heart attack in some patients.

-- Journal staff writer Benjamin N. Gedan

Posted by Mike McKinney  at 12:26 PM | Permalink

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