Pfizer Inc. revealed that more cost cutting is in store for the big pharma on top of cost reduction programs already underway. The company revealed the latest cuts in a filing with the Securities & Exchange Commission on 22 May, announcing plans to deliver $1.5bn in annual savings by the end of 2027.
More Cost Cuts At Pfizer Bring Total Savings To $5.5bn
A new round of cost-cutting at Pfizer will deliver savings of $1.5bn by the end of 2027, the company reported in an SEC filing.

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Senior executives from AstraZeneca, BMS, Novo Nordisk, Takeda and Regeneron outline how big pharma's global capability centers (GCCs) in India are evolving beyond cost efficiency, focusing on innovation, “agile experimentation” and new technology including GenAI, virtual & augmented reality, with some positioned as COEs. Will Indian multinationals use the GCC approach?
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