But travelling from West to East - back story here.
AstraZeneca has begun to outsource production of some of its bestselling medicines to low-cost manufacturers in the Far East.
As part of a restructuring drive designed to cut $900 million (£440 million) of the drugs group’s costs by 2010, the drugs giant is to begin purchasing Lactam, a key chemical ingredient used to make Seroquel, its blockbuster schizophrenia drug, from contract manufacturers in China.
Seroquel, which had sales of $3.4 billion in 2006, is AstraZeneca’s second top-selling product after Nexium, its $5.2 billion-selling stomach acid treatment.
The decision forms part of a broader strategy gradually to outsource key manufacturing activities and focus on drug development and marketing. Lactam is expected to be the first of many key ingredients for blockbuster drugs produced by contract manufacturers.
In the first stage, AstraZeneca is expected to stop production at plants in Macclesfield, Cheshire, and Plankstadt, Germany, and also trim other drugmaking operations in Sweden.
More at The Times
AstraZeneca has begun to outsource production of some of its bestselling medicines to low-cost manufacturers in the Far East.
As part of a restructuring drive designed to cut $900 million (£440 million) of the drugs group’s costs by 2010, the drugs giant is to begin purchasing Lactam, a key chemical ingredient used to make Seroquel, its blockbuster schizophrenia drug, from contract manufacturers in China.
Seroquel, which had sales of $3.4 billion in 2006, is AstraZeneca’s second top-selling product after Nexium, its $5.2 billion-selling stomach acid treatment.
The decision forms part of a broader strategy gradually to outsource key manufacturing activities and focus on drug development and marketing. Lactam is expected to be the first of many key ingredients for blockbuster drugs produced by contract manufacturers.
In the first stage, AstraZeneca is expected to stop production at plants in Macclesfield, Cheshire, and Plankstadt, Germany, and also trim other drugmaking operations in Sweden.
More at The Times
1 comment:
I take that the bottom image is a set of instructions for AZ's QA department?
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