Singapore, April 1 -- March 2024 has been marked by a series of layoffs in the biotech and pharmaceutical sector, raising concerns and drawing attention to the dynamics within these industries. From Moderna's resizing of its COVID-19 footprint to GSK's parting ways with Bellus Health employees, the landscape appears to be shifting. These layoffs, although reflecting strategic decisions by individual companies, collectively paint a broader picture of the challenges and transformations underway in the biotech and pharma domain.

However, collectively, they paint a broader picture of the challenges and transformations underway in the biotech and pharma domain.

Moderna's Strategic Adaptation: Moderna's decision to downsize its manufacturing ...