Kinder cuts: CRO deals palliate pharma downsizing
This article was originally published in Scrip
Executive Summary
Five years ago, pharma was in the throes of a vast cull as the global financial meltdown and the patent cliff combined to create a perfect storm for the industry. In 2009, more than 60,000 job cuts were announced in the sector in the US alone, according to the US outplacement specialist Challenger, Gray & Christmas.