Aug 26 (Reuters) - Drugmaker Emergent BioSolutions
said on Monday that it would reduce its workforce in
Lansing, Michigan, by up to 70 roles as part of its ongoing
restructuring efforts.
The Gaithersburg, Maryland-based company has been cutting
costs and pivoting away from its contract manufacturing business
due to sluggish demand and a focus on driving sales growth for
its opioid overdose reversal drug Narcan and other branded
drugs.
In May, Emergent cut about 300 jobs and shut down a drug
substance manufacturing facility in Baltimore, Bayview and a
drug product facility in Rockville, Maryland.
The Lansing site serves as a hub for its drug substance
manufacturing capabilities, as well as other critical projects.
The affected roles were related to manufacturing and site
operations, and about 155 employees will remain at the plant
that primarily manufactures anthrax vaccines, BioThrax and
Cyfendus for the U.S. government, the company told Reuters.