Wednesday, September 17, 2008

Merck - not so big in Japan

Merck's Japan unit said on Wednesday it will more than halve the number of its sales branches and offices nationwide, as part of a global strategic review by its U.S parent.

Banyu Pharmaceutical Co. will slash the number of its branches and offices to 20 by spring from the current 71.

It will also makes changes to headcount, which is currently 3,700 and includes 1,700 sales representatives, a Banyu spokeswoman said, but declined to provide further details.

More at Reuters

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