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Business
MedImmune To Close Two California Sites
by Rick Mullin
July 23, 2012
| A version of this story appeared in
Volume 90, Issue 30
MedImmune, the biologics arm of drugmaker AstraZeneca, will close research facilities in Mountain View and Santa Clara, Calif., eliminating approximately 200 jobs. It will relocate another 100 jobs to other MedImmune facilities, including one in Hayward, Calif. The closure is part of a two-year consolidation and cost-cutting program announced by AstraZeneca in February. It is expected to be completed in 2014.
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