Otsuka's Avanir unit plots 140 layoffs in wake of $116M Nuedexta settlement

cafead

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  • cafead   Jan 11, 2020 at 12:12: AM
via Avanir Pharmaceuticals, fresh off a $116 million kickbacks settlement with the feds and tarnished by unflattering news reports, now plans to lay off 140 California employees, a public filing shows.

The drugmaker disclosed the layoffs, which are effective Jan. 20, in a California WARN notice back in November. The layoffs are permanent, the notice says.

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