Earlier this month, Gilead Sciences said it planned to lay off 114 workers based out of Immunomedics' former headquarters in Morris Plains, New Jersey.
But Gilead isn’t abandoning the Garden State. Far from it. The company is establishing an East Coast hub at an undisclosed location, also in the northern part of the state, that will “be able to house up to 500 employees once fully operational,” a company spokesman said in an email, confirming a report last week from roi-nj.com.
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