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Tag Archives: Manufacturing
Johnson & Johnson Slammed Over Manufacturing Practices, Phantom Recall
In 1982, Johnson & Johnson garnered an enduring amount of goodwill when, seemingly without any thought of lost profit, it immediately yanked Tylenol from the shelves nationwide after learning someone was slipping cyanide into bottles in Chicago. The company’s sure and swift PR response became the model for crisis management for the corporate world.
But in [...]
Posted in Corporate Responsibility Also tagged Congressional hearing, FDA, House Oversight Committee, J&J, Johnson & Johnson, McNeil, Motrin, phantom recall, recall, Tylenol 3 Comments
Judgment Day for Pfizer Factories
For once, pharma sales reps and R&D guys can breathe a sigh of relief. The latest round of industry layoffs comes from Pfizer, but this time it will affect the manufacturing force, which will be downsized by 6,000 employees by 2015.
In 2006, the company announced plans to save $4 billion to $5 billion, and after [...]
Posted in Europe, Global, Manufacturing, News, Strategy Also tagged Cuts, exit strategies, injectables, Ireland, Pfizer, solid-dose Leave a comment
Caraco Pharma Eliminates 350 Jobs
Caraco Pharmaceutical Labs announced on Monday that it will eliminate half its workforce—approximately 350 positions—but added that the number could grow as the generics firm deals with a voluntary manufacturing shutdown stemming from an FDA investigation.
Last month, US marshalls seized an undisclosed amount of drug ingredients and products in a raid at the company’s Michigan [...]
Posted in Strategy Also tagged Bicalutamide, Caraco, Casodex, FDA, JPMorgan Chase, Michigan, U.S. Food and Drug Administration, US 1 Comment
Is the US Facing a Pharma Manufacturing Gap?