Monday 24 September 2012

Sanofi to unveil plans for French research shake-up

PARIS (Reuters) - French drugmaker Sanofi will reveal on Tuesday how it plans to shake up its French research operations in a cost-cutting drive which unions predict could mean up to 2,500 layoffs. The French government has criticised Sanofi's cutback plans when France has rising unemployment, which is predicted to hit more than 3 million for the first time during the economic crisis, official data may show on Wednesday. Industry Minister Arnaud Montebourg, who has sided with the unions, has called the plan "unacceptable. ... via Health News Headlines - Yahoo! News Read More Here..

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