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After job cuts in Europe and the U.S., Sanofi is slimming down in Japan. Most CEOs of Big Pharma companies have got themselves Chinese names, showing in one way how much they care about the world's second-largest drug market. At this year's European Society for Medical Oncology (ESMO) annual meeting, Astellas and Seattle Genetics posted positive results for their antibody-drug conjugate, Merck and Eisai detailed a Keytruda-Lenvima combo win and Chi-Med touted surufatinib's neuroendocrine tumor data. And more.
1. Still seeking cost cuts, Sanofi plans to slim down in Japan through voluntary retirements
Sanofi is cutting jobs in Japan through voluntary early retirements. Jobs in sales, regulatory affairs, operations, IT and human resources are on the block, Reuters reported. The cuts come after Sanofi in June chopped 466 jobs in its R&D organization in France and Germany as part of a pivot away...