November 16, 2008

Amylin to slashe 340 jobs in San Diego

Amylin Pharmaceuticals will lay off 340 employees in San Diego, a decision expected to save the company more than $100 million. fter the job reduction, Amylin will have 1,800 employees, about half of which will be in San Diego.   Amylin says its priorities are to increase sales of Byetta and Symlin — its product for Type 1 diabetes.

Filed under Biotechnology, California Economy by editor

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