Amneal Approval Leads Lannett To Job Losses

US Firm Will Consolidate R&D Operation

Around 80 more jobs are to go at Lannett, as the company reels from rival Amneal bagging US Food and Drug Administration approval for the company’s top seller.

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Another 80 jobs are to go at Lannett to bring down costs • Source: Shutterstock

Lannett has announced plans to consolidate its research and development operations with the loss of around 10% of its workforce, partly in response to Amneal’s impending launch of a generic competitor to Lannett’s most valuable individual product, fluphenazine hydrochloride tablets.

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