Biogen to cut 1,000 jobs to save costs as Alzheimer's drug launch gathers pace

Biogen to cut 1,000 jobs to save costs as Alzheimer's drug launch gathers pace

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Biogen Inc said on Tuesday it expects to slash about 1,000 jobs, or about 11% of its workforce, under a fresh cost-cutting program as the company ramps up the launch of a new Alzheimer's disease drug in efforts to return to growth. Investors have pinned their hopes on Leqembi as the U.S…

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