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STAT+: Sanofi to lay off 229 workers in Mass., a year after $9.1B Blueprint Medicines acquisition

World 1 source 1 country 🔦 Under-reported 4h ago

Pharmaceutical employer Sanofi has filed state records indicating plans to lay off 229 workers in Massachusetts. The affected employees previously worked for Blueprint Medicines, a Cambridge-based biotechnology company acquired by Sanofi for $9.1 billion.

The workforce reduction comes approximately one year following the completion of the multi-billion-dollar acquisition. Sanofi is currently one of the largest pharmaceutical employers operating within the state of Massachusetts.

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Read the full story at the source STAT News (US) · US
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