Top of the morning to you. Another busy day is unfolding here on the Pharmalot campus, where we are mulling over our cluttered calendar and plotting our next moves. No doubt, you can relate. After all, this is only the middle of the week and there is so much to be done. This calls, as you may imagine, for a hot cup of stimulation. We are sticking with the delicious chocolate coconut blend for now, by the way. Feel free to join us. Meanwhile, here are some tidbits. The world is a busy place, yes? Hope you make your way today …
Teva Pharmaceutical (TEVA) rejected a request from Israeli Prime Minister Benjamin Netanyahu to keep its manufacturing plant in Jerusalem running, Reuters says. The generic drug maker plans to cut debt by reducing its workforce by more than a quarter, or 14,000 jobs, including 1,700 in Israel, where a manufacturing site in Jerusalem will close. About 320 workers will lose their jobs in Jerusalem in 2018 and 500 would be laid off in 2019 when the plant shuts.
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