Navigating Pharma Budget Cuts: Innovation Is The Key

Shockingly, many layoff trackers exist in the pharma world. Each paints the same picture: patent cliffs and turbulent market conditions have led to pharma budget cuts, which means staff cuts. Novartis, Merck KGaA, Amgen, Sanofi, GSK, Bristol Myers Squibb and Takeda are just a handful of the hundreds of businesses making budget cuts in pharma. But does this mean we must pull the handbrake on innovation?
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