Good, keep them coming........(I can't provide a link).


AstraZeneca Cuts 1,400 Jobs, Shifts Work to China (Update1) 2008-11-20 09:16:32.550 GMT


(Adds Pulmicort court action in third paragraph.)

By Trista Kelley
Nov. 20 (Bloomberg) -- AstraZeneca Plc will eliminate 1,400 jobs and close plants in Spain, Belgium and Sweden by 2013 as the U.K.'s second-largest drugmaker expands efforts at cutting costs amid increased competition from generic medicines.
AstraZeneca said the moves are separate from the 7,600 job cuts planned to occur by 2010 as part of a cost-savings program announced two years ago.
The London-based drugmaker yesterday said full-year earnings would be at the low end of the company's forecast because of anticipated generic competition to the Pulmicort Respules asthma treatment. AstraZeneca said today it won a temporary restraining order in the U.S. District Court in New Jersey preventing the sale of a Pulmicort copy by Teva Pharmaceutical Industries Ltd.
until a patent hearing scheduled for Nov. 25.
The facilities in Porrino, Spain; Umeaa, Sweden; and Destelbergen, Belgium will shut down, AstraZeneca said. Of the 1,400 positions, about 600 full-time jobs will be lost in Sweden as the company expands packaging operations in Wuxi, China.
The company also is trimming positions at its units in Soedertaelje in Sweden and Macclesfield in the U.K. as it shifts production to lower-cost countries in emerging markets, where sales last quarter gained 18 percent.
AstraZeneca rose 3 pence, or 0.1 percent, to 2,504 pence at
9:01 a.m. in London trading.

--With reporting by Niklas Magnusson in Stockholm. Editor: Bruce Rule, Angela Cullen

To contact the reporter on this story: Trista Kelley in London at
+44-20-7073-3074 or tkelley2@bloomberg.net

To contact the editors responsible for this story:
Kristen Hallam at +44-20-7673-2584 or


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Make a law to reject any product coming from this company in the country. This is despicable.


Mobile airpower

"The enemy dies relaxed," observed a Lockheed Martin manager.

it's a british company just so you know......

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Good.

F.uck an eye for an eye. You take my eye, and I will kill you, and all those you care about. That is our policy.

It doesn't matter. This is despicable. A company closing down factories in the west to produce for cheaper in China and selling the goods at the same prices back to the west!
Such companies should be fined big time!


Mobile airpower

"The enemy dies relaxed," observed a Lockheed Martin manager.

Of course, it is the outrageous prices paid by Westerners for pharmaceutical products that funded the discovery of these drugs and so created them in the first place.

It doesn't matter what the field, whether it's trade, immigration, foreign aid, emmissions caps, everything, our elites turned the West into a huge, tight, dripping wet vagina inviting the rest of the world to come in and have its way with it. lol. It's a matter for YOU to see things for what they are and make sure that you're not going to be just another schmuck getting shafted by the trend. Cause the trend is, the vast majority of Westerners alive today are going to get shafter real bad in a way that makes them long for the status of sub saharan Africans. The younger you are right now the truer this is for you. At least Sub Saharan Africans have their own nations. lol.

F.uck an eye for an eye. You take my eye, and I will kill you, and all those you care about. That is our policy.

"It doesn't matter. This is despicable. A company closing down factories in the west to produce for cheaper in China and selling the goods at the same prices back to the west!
Such companies should be fined big time!"

wow, ok....good luck....

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