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Bayer's Cost-Cutting Plans Take Aim at Multiple Layers of Management

CEO Bill Anderson said despite prior cost-cutting measures, Bayer still has too many layers of management and bureaucracy. A new restructuring will come with layoffs but the corporate shakeup plan does not yet include a separation of Bayerโ€™s business units.
Barbara Gansewendt Bill Anderson Heike Hausfeld Eli Lilly Bayer Ag Group Executive Committee Central Works Council Of Bayer

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Vertex's CRISPR Gene Therapy Lands Another FDA Nod in a Rare Blood Disease

The FDA approved Vertex Pharmaceuticalsโ€™ gene therapy Casgevy for treating beta thalassemia, an inherited blood disease that leads to low levels of functioning hemoglobin. Last month, the one-time treatment won its first FDA nod for treating sickle cell disease.
United Kingdom Reshma Kewalramani Vertex Pharmaceuticals Bristol Myers Squibb Prescription Drug User Fee Act Weight Loss

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