In a significant move, Compass Pathways has announced its decision to lay off 30% of its workforce, streamline its research efforts, and explore selling its digital technologies. This decision comes in response to delays in the development of its lead drug, a synthetic form of psilocybin aimed at
November 6, 2024
The biopharmaceutical industry plays a pivotal role in modern healthcare, providing life-saving medications and driving medical innovation. Understanding employment and labor market trends within this industry reveals key insights into its current state and future trajectory. Main Findings The
October 25, 2024
In a surprising move to address ongoing financial difficulties and strategic challenges, CVS Health has made a significant leadership change by replacing CEO Karen Lynch with David Joyner, head of Caremark. This transition underscores the pressing need for CVS to stabilize its operations and refine
October 21, 2024
In the fast-paced and highly competitive world of pharmaceuticals, retaining top talent is no small feat. Ferring Pharmaceuticals, a Swiss biopharmaceutical company, has found a winning strategy by focusing on holistic worker well-being and steadfastly committing to diversity, equity, and inclusion
October 17, 2024
Ireland’s biopharma industry stands as an indispensable pillar of the nation’s economy, evidencing significant contributions and future growth potential. In 2022 alone, the sector accounted for 32% of the country's industrial exports, amassing over €42 billion, and directly employed nearly 50,0
October 1, 2024
The biotech industry in 2024 presents a stark contrast. On one hand, a surge of startups is enjoying robust financial support and offering abundant job opportunities. On the other hand, major established companies are grappling with significant layoffs and restructuring efforts. This juxtaposition
July 15, 2024
