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Is AstraZeneca answering German price cuts with German job cuts?

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AstraZeneca ($AZN) is joining the line-up of drugmakers cutting jobs in Germany. Like the others, AZ cites the usual economic reasons, but adds a political twist. Also to blame for up to 625 job cuts? "[M]assive state intervention in the pricing of innovative medicines," the company says. AstraZeneca has had its own internal troubles in yielding new drugs from its R&D pipeline, but external factors such as drug pricing impact the industry. Article

 

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