Johnson & Johnson reportedly plots job cuts; James Merson to leave - San Francisco Business Times

As Johnson & Johnson's pharmaceuticals arm opened a nearly 200,000-square-foot Peninsula facility last fall, the message from site headwas about efficiently going after new gene therapies and infectious diseases. Now the company is reportedly targeting job cuts, integration and winding down programs.

Heaton wouldn't say at a town hall meeting Wednesday how many jobs would be affected by the changes, Fierce Pharma said. J&J's changes, however, also highlight how corporate-level shifts within Big Biopharmas — whose large space grabs in the Bay Area have helped fuel a biotech real estate boom — can quickly reshape local initiatives and job counts. J&J, which has long held space throughout the Bay Area,of Healthpeak Properties Inc.'s The Shore at Sierra Point complex in Brisbane.

"As we colocate, we can articulate problems more clearly, look at problems differently, to come up with some pretty unique solutions," Merson said at the time."This will allow us to discover, develop and deliver medicines more rapidly than we have in the past."

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Police in Massachusetts town investigating after 200-pound Shrek statue stolenThe 200-pound statue of the beloved green ogre was taken from its perch in the western Massachusetts town of Hatfield earlier this week. Don't do meth..
Source: ActionNewsJax - 🏆 436. / 53 Read more »

California’s Snowpack Nearly 200% Above Average for Early FebruaryLast month’s series of winter storms dropped a lot of snow across the state’s mountain ranges. But there could be dry conditions to come. Global Warming strikes again Now if they only had a way to KEEP some when it melts....nah, just let it drain out to sea.
Source: Gizmodo - 🏆 556. / 51 Read more »

An Unknown Glitch on the Juno Probe Caused Loss of 200+ Photos of JupiterNASA’s Juno Spacecraft team is currently trying to determine why a majority of photos captured by the JunoCam in its most recent flyby were “unusable.” All these worlds are yours, except Europa?
Source: petapixel - 🏆 527. / 51 Read more »

200 Pound Shrek Statue Goes Missing & Prompts Police InvestigationA bizarre 200 pound Shrek statue has been stolen with the police requesting it to be returned.
Source: screenrant - 🏆 7. / 94 Read more »

EUR/JPY Price Analysis: Further losses likely below the 200-day SMAEUR/JPY remains under pressure and briefly revisited the key 140.00 neighbourhood at the end of the week. The cross appears to have broken below the m
Source: FXStreetNews - 🏆 14. / 72 Read more »

82-year-old runner proves it's never too late to startFran Breslauer started running in races at the age of 65, and has competed in nearly 200 since.
Source: CBSNewYork - 🏆 268. / 63 Read more »