Tag Archives: abandons

Merck abandons $7M in grants for long-term IT hiring plan in Austin

When Merck moseyed into the Lone Star State as part of a global IT restructuring, it pitched a robust hiring plan in exchange for nearly $ 7 million in tax breaks and grants. Now, after Merck pulled back the reins on its Austin plans, those incentives have dried up. Merck is walking away from incentive… Read More: Merck abandons $7M in grants for long-term IT hiring plan… »

Novartis abandons effort for U.S. approval of biosimilar rituximab

FILE PHOTO: Swiss drugmaker Novartis’ logo is seen at the company’s plant in the northern Swiss town of Stein, Switzerland October 23, 2017. REUTERS/Arnd Wiegmann/File Photo (Reuters) – Novartis International AG said on Friday that its Sandoz division is abandoning an effort to gain U.S. regulatory approval for a biosimilar of rituximab, a medication used… Read More: Novartis abandons effort for U.S. approval of biosimilar rituximab »