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A maximum reduction of 80%, 2022Q1 overseas average monthly 7.6 pharmaceutical companies layoffs!

 Last Update: 2022-04-28
 Source: Internet
 Author: User

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Biotech companies around the world are facing enormous challenges to survive or die

FigureNumber of companies that have announced layoffs from September 2021 to March 2022

The increasingly fierce wave of layoffs has made more and more biotech companies experience the challenge of "survival of the fittest"

01.

FierceBiotech statistics show that since last fall, dozens of biotech companies have announced layoffs, and Gemini, which has the highest percentage of layoffs, has laid off 80% of its employees

As drug candidates enter the clinic, R&D costs rise sharply, and the ensuing issues such as regulatory approvals, poor clinical trial data, or trial failures directly affect corporate decision-making

02.

References:

4.
Corporate announcement

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