Amid tough generics market, Sandoz to lay off 213 and shutter Eon Labs plant in North Carolina

Amid tough generics market, Sandoz to lay off 213 and shutter Eon Labs plant in North Carolina

Source: 
Fierce Pharma
snippet: 

Roughly an eon ago in the pharma industry (read: 20 years), Sandoz carved out a sizable generics foothold through dual mergers with Germany’s Hexal and U.S.-based Eon Labs. Now, the Swiss manufacturing giant is mothballing one of the latter company’s main facilities.