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Business
BASF trims pharma again
September 11, 2006
| A version of this story appeared in
Volume 84, Issue 37
BASF will cut about 200 out of 520 full-time workers at its active pharmaceutical ingredients plant in Minden, Germany. The plant mostly makes pseudoephedrine, theophylline, and caffeine. The cuts are part of a plan to "restore competitiveness" at the money-losing site, BASF says. Last fall, the company announced 95 job cuts at the same location. It attributes both layoff rounds to the same factors: competition from Asian drug ingredients suppliers and U.S. restrictions on the marketing of pseudoephedrine.
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